XBP Global (NASDAQ:XBP) CFO Dejan Avramovic Purchases 8,833 Shares

XBP Global Holdings, Inc. (NASDAQ:XBP) CFO Dejan Avramovic purchased 8,833 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were purchased at an average price of $2.83 per share, with a total value of $24,997.39. Following the completion of the purchase, the chief financial officer directly owned 94,068 shares of the company’s stock, valued at $266,212.44. The trade was a 10.36% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

XBP Global Trading Up 8.5%

NASDAQ:XBP opened at $3.18 on Friday. The business’s 50-day moving average is $2.93 and its two-hundred day moving average is $3.14. The company has a debt-to-equity ratio of 7.59, a current ratio of 0.64 and a quick ratio of 0.60. XBP Global Holdings, Inc. has a 12 month low of $2.00 and a 12 month high of $13.00. The firm has a market capitalization of $37.78 million, a PE ratio of -0.86 and a beta of -0.45.

XBP Global (NASDAQ:XBP) last posted its earnings results on Thursday, August 13th. The company reported ($1.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.04) by ($0.38). The company had revenue of $191.31 million during the quarter, compared to analyst estimates of $197.70 million. XBP Global had a net margin of 134.88% and a return on equity of 1,328.38%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of XBP Global in a research report on Wednesday, August 26th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $5.00.

XBP Global Company Profile

XBP Global Holdings, Inc is a business process management and automation company that helps organizations digitize, streamline and manage document-intensive workflows. Its services are designed to improve the processing of business information and transactions across functions such as accounts payable, accounts receivable, payments, claims and customer communications.

The company combines software, data capture, workflow automation and managed services to support enterprises and public-sector organizations.