Insignia Systems Inc. (ISIG) Declares Special Dividend of $0.70
Insignia Systems Inc. (NASDAQ:ISIG) announced a special dividend on Wednesday, November 30th. Stockholders of record on Friday, December 16th will be given a dividend of 0.70 per share on Friday, January 6th. The ex-dividend date is Monday, January 9th.
Insignia Systems (NASDAQ:ISIG) traded up 7.11% during midday trading on Wednesday, reaching $2.26. The company had a trading volume of 24,694 shares. The stock has a market capitalization of $26.50 million, a PE ratio of 565.00 and a beta of 0.52. Insignia Systems has a 1-year low of $1.95 and a 1-year high of $3.00. The firm’s 50 day moving average is $2.17 and its 200 day moving average is $2.25.
Separately, TheStreet downgraded shares of Insignia Systems from a “hold” rating to a “sell” rating in a research note on Thursday, November 10th.
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About Insignia Systems
Insignia Systems, Inc (Insignia) is a developer and marketer of in-store products, programs and services for consumer goods manufacturers and retail partners drive sales at the point of purchase. The Company’s products include the Insignia Point-of-Purchase Services (POPS) in-store marketing program, thermal sign card supplies for the Company’s Impulse Retail System, laser printable cardstock and label supplies, and The Like Machine.
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