Heritage Global (NASDAQ:HGBL - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.05 earnings per share for the quarter, meeting analysts' consensus estimates of $0.05, Zacks reports. The company had revenue of $14.30 million for the quarter, compared to the consensus estimate of $12.38 million. Heritage Global had a return on equity of 5.47% and a net margin of 7.33%.
Heritage Global Stock Performance
NASDAQ:HGBL traded up $0.01 during trading hours on Tuesday, hitting $1.90. 46,960 shares of the company were exchanged, compared to its average volume of 56,109. The stock has a market capitalization of $66.01 million, a price-to-earnings ratio of 18.90 and a beta of 1.03. Heritage Global has a 52-week low of $1.52 and a 52-week high of $2.39. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.05 and a quick ratio of 1.69. The company's 50 day moving average price is $2.16 and its 200-day moving average price is $2.14.
Heritage Global Company Profile
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Heritage Global Inc, together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services.
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