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.

Several institutional investors have recently bought and sold shares of HWCC. Prescott Group Capital Management L.L.C. purchased a new stake in shares of Houston Wire & Cable during the second quarter worth $119,000. Balter Liquid Alternatives LLC increased its position in shares of Houston Wire & Cable by 14.9% during the second quarter. Balter Liquid Alternatives LLC now owns 69,030 shares of the industrial products company’s stock worth $590,000 after acquiring an additional 8,946 shares during the period. Bridgeway Capital Management Inc. increased its position in shares of Houston Wire & Cable by 17.0% during the third quarter. Bridgeway Capital Management Inc. now owns 114,739 shares of the industrial products company’s stock worth $883,000 after acquiring an additional 16,700 shares during the period. SG Capital Management LLC increased its position in shares of Houston Wire & Cable by 34.6% during the third quarter. SG Capital Management LLC now owns 177,019 shares of the industrial products company’s stock worth $1,363,000 after acquiring an additional 45,522 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of Houston Wire & Cable by 36.8% during the second quarter. Renaissance Technologies LLC now owns 206,111 shares of the industrial products company’s stock worth $1,752,000 after acquiring an additional 55,424 shares during the period. 65.04% of the stock is currently owned by institutional investors and hedge funds.

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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.

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