Shiloh Industries, Inc. (NASDAQ:SHLO) VP Gary Dethomas sold 3,733 shares of the firm’s stock in a transaction dated Wednesday, March 14th. The shares were sold at an average price of $8.65, for a total transaction of $32,290.45. Following the completion of the transaction, the vice president now directly owns 15,875 shares in the company, valued at approximately $137,318.75. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of Shiloh Industries, Inc. (NASDAQ SHLO) traded down $0.11 during midday trading on Wednesday, reaching $8.64. 56,945 shares of the company traded hands, compared to its average volume of 167,897. Shiloh Industries, Inc. has a twelve month low of $6.45 and a twelve month high of $14.99. The company has a market cap of $196.32, a PE ratio of 28.60 and a beta of 1.87. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.09 and a current ratio of 1.42.
Shiloh Industries (NASDAQ:SHLO) last announced its quarterly earnings results on Thursday, March 8th. The basic materials company reported $0.15 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.14. Shiloh Industries had a net margin of 0.59% and a return on equity of 7.93%. The business had revenue of $247.67 million for the quarter, compared to analysts’ expectations of $233.10 million. During the same quarter last year, the firm earned ($0.03) EPS. The firm’s revenue for the quarter was down .1% compared to the same quarter last year. equities analysts predict that Shiloh Industries, Inc. will post 0.7 EPS for the current fiscal year.
Separately, Zacks Investment Research cut shares of Shiloh Industries from a “hold” rating to a “sell” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Shiloh Industries presently has a consensus rating of “Hold” and a consensus price target of $10.25.
About Shiloh Industries
Shiloh Industries, Inc is a supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and industrial markets. The Company operates through Automotive and Commercial Vehicles segment. The Company offers portfolio of lightweighting solutions in aluminum, magnesium, steel and high strength steel alloys.
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