Roy W. Haley Buys 2,981 Shares of Houston Wire & Cable (HWCC) Stock
Houston Wire & Cable (NASDAQ:HWCC) Director Roy W. Haley acquired 2,981 shares of the firm’s stock in a transaction that occurred on Tuesday, December 4th. The stock was acquired at an average price of $6.10 per share, for a total transaction of $18,184.10. Following the completion of the acquisition, the director now directly owns 177,058 shares of the company’s stock, valued at approximately $1,080,053.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.
HWCC traded down $0.17 during trading hours on Thursday, reaching $6.02. The company’s stock had a trading volume of 130 shares, compared to its average volume of 40,815. Houston Wire & Cable has a fifty-two week low of $5.63 and a fifty-two week high of $9.32. The stock has a market capitalization of $102.28 million, a PE ratio of 11.26 and a beta of 1.42. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.43 and a current ratio of 5.57.
Houston Wire & Cable (NASDAQ:HWCC) last released its quarterly earnings data on Thursday, November 8th. The industrial products company reported $0.15 EPS for the quarter. Houston Wire & Cable had a return on equity of 9.52% and a net margin of 2.56%. The firm had revenue of $90.07 million for the quarter.
About Houston Wire & Cable
Houston Wire & Cable Company, through its subsidiaries, sells electrical and mechanical wire and cable, industrial fasteners, hardware, and related services in the United States. It offers wire and cable products, including continuous and interlocked armor cables; control and power cables; electronic wires and cables; flexible and portable cords; instrumentation and thermocouple cables; lead and high temperature cables; medium voltage cables; and premise and category wires and cables, primary and secondary aluminum distribution cables, and steel wire ropes and wire rope slings, as well as synthetic fiber rope slings, chains, shackles, and other related hardware and corrosion resistant products.
Featured Story: Cost of Equity
Receive News & Ratings for Houston Wire & Cable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Houston Wire & Cable and related companies with MarketBeat.com's FREE daily email newsletter.