XBP Global (NASDAQ:XBP) Shares Down 3.2% - Should You Sell?

Key Points

• XBP Global Holdings, Inc. stock fell by 3.2%, trading at $0.59, with volume drastically lower than the average—down 98% from 9.2 million shares to approximately 226,975 shares.
• The company reported a quarterly earnings loss of ($0.10) EPS and generated $39.62 million in revenue during the last quarter.
• Director Randal T. Klein significantly increased his stake by acquiring 150,000 shares at an average price of $0.54 per share, now owning 10.5% of the company.

XBP Global Holdings, Inc. (NASDAQ:XBP - Get Free Report)'s share price fell 3.2% on Monday . The company traded as low as $0.58 and last traded at $0.59. 226,975 shares changed hands during trading, a decline of 98% from the average session volume of 9,196,821 shares. The stock had previously closed at $0.61.

XBP Global Trading Down 1.2%

The business has a 50-day moving average price of $0.82 and a two-hundred day moving average price of $1.03.

XBP Global (NASDAQ:XBP - Get Free Report) last announced its quarterly earnings results on Thursday, August 14th. The company reported ($0.10) earnings per share for the quarter. The firm had revenue of $39.62 million during the quarter.

Insider Buying and Selling at XBP Global

In related news, Director Randal T. Klein purchased 150,000 shares of the company's stock in a transaction dated Monday, August 18th. The shares were acquired at an average cost of $0.54 per share, for a total transaction of $81,000.00. Following the transaction, the director owned 150,000 shares of the company's stock, valued at $81,000. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 10.50% of the company's stock.

About XBP Global

XBP Europe Holdings, Inc provides bills, payments, and related solutions and services in France, Germany, the United Kingdom, Sweden, and internationally. The company operates through two segments, Bills & Payments and Technology. The Bills & Payments segment focuses on optimizing how bills and payments are processed by businesses of all sizes and industries.