Trans World Entertainment Corp. (TWMC) Major Shareholder Lloyd I. Miller III Purchases 5,200 Shares
Trans World Entertainment Corp. (NASDAQ:TWMC) major shareholder Lloyd I. Miller III acquired 5,200 shares of the firm’s stock in a transaction that occurred on Friday, October 14th. The stock was acquired at an average cost of $3.40 per share, with a total value of $17,680.00. Following the completion of the acquisition, the insider now directly owns 1,165,802 shares in the company, valued at $3,963,726.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Trans World Entertainment Corp. (NASDAQ:TWMC) opened at 3.75 on Tuesday. The company has a market capitalization of $113.82 million, a price-to-earnings ratio of 129.31 and a beta of -0.16. The company has a 50-day moving average price of $3.53 and a 200-day moving average price of $3.70. Trans World Entertainment Corp. has a one year low of $3.10 and a one year high of $4.00.
Trans World Entertainment Corp. (NASDAQ:TWMC) last issued its quarterly earnings results on Wednesday, August 17th. The company reported ($0.15) earnings per share (EPS) for the quarter. Trans World Entertainment Corp. had a net margin of 0.28% and a return on equity of 0.53%. Equities research analysts anticipate that Trans World Entertainment Corp. will post $0.20 EPS for the current year.
Trans World Entertainment Corp. Company Profile
Trans World Entertainment Corporation is a specialty retailer of entertainment products, including trend, video, music, electronics and related products. The Company operates a chain of retail entertainment stores and e-commerce sites, www.fye.com and www.secondspin.com. It owns interest in Record Town, Inc, through which its principal operations are conducted.
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