Heritage Global (NASDAQ:HGBL - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, Zacks reports. Heritage Global had a return on equity of 23.50% and a net margin of 20.60%. The firm had revenue of $12.16 million for the quarter.
Heritage Global Stock Down 7.7 %
HGBL stock traded down $0.19 during midday trading on Friday, hitting $2.29. The company's stock had a trading volume of 399,418 shares, compared to its average volume of 74,040. Heritage Global has a 52-week low of $2.23 and a 52-week high of $4.08. The firm has a 50-day simple moving average of $2.66 and a 200-day simple moving average of $2.79. The company has a quick ratio of 1.44, a current ratio of 1.78 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $85.51 million, a P/E ratio of 6.94 and a beta of 1.24.
Heritage Global Company Profile
(
Get Free Report)
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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