Standard Diversified Inc Class A (NYSEAMERICAN) (SDI) Announces Earnings Results

Standard Diversified Inc Class A (NYSEAMERICAN) (NYSE:SDI) posted its quarterly earnings results on Friday. The company reported $0.20 earnings per share for the quarter, Bloomberg Earnings reports. The firm had revenue of $89.27 million for the quarter. Standard Diversified Inc Class A (NYSEAMERICAN) had a net margin of 3.00% and a return on equity of 21.63%.

Standard Diversified Inc Class A (NYSEAMERICAN) opened at $15.84 on Friday, according to MarketBeat. The stock has a market cap of $274.07 million, a P/E ratio of 825.00 and a beta of -0.65. Standard Diversified Inc Class A has a twelve month low of $9.15 and a twelve month high of $19.74. The company has a current ratio of 4.11, a quick ratio of 2.33 and a debt-to-equity ratio of 2.87.

In related news, major shareholder General L.P. Standard sold 81,286 shares of the business’s stock in a transaction dated Thursday, July 19th. The shares were sold at an average price of $14.96, for a total transaction of $1,216,038.56. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 89,135 shares of company stock worth $1,328,070 over the last 90 days. 10.22% of the stock is currently owned by company insiders.

Separately, TheStreet lowered shares of Standard Diversified Inc Class A (NYSEAMERICAN) from a “b-” rating to a “c” rating in a research report on Tuesday, June 26th.

Standard Diversified Inc Class A (NYSEAMERICAN) Company Profile

Standard Diversified, Inc operates as shell company, which intends to identify new business and investment opportunities. The company was founded by Martha C. Reider and Richard C. Birkmeyer in 1990 and is headquartered in Mineola, NY.

See Also: Trading Strategy

Earnings History for Standard Diversified Inc Class A (NYSEAMERICAN) (NYSE:SDI)

Receive News & Ratings for Standard Diversified Inc Class A (NYSEAMERICAN) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Diversified Inc Class A (NYSEAMERICAN) and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply