Collectors Universe (NASDAQ:CLCT) was downgraded by investment analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued on Thursday.

Collectors Universe (NASDAQ CLCT) traded up $0.30 on Thursday, reaching $28.16. 22,100 shares of the company’s stock traded hands, compared to its average volume of 33,000. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.26 and a current ratio of 1.50. Collectors Universe has a 1 year low of $19.69 and a 1 year high of $30.82. The firm has a market capitalization of $251.22, a P/E ratio of 23.08 and a beta of 0.94.

Collectors Universe (NASDAQ:CLCT) last released its quarterly earnings data on Thursday, November 2nd. The business services provider reported $0.41 earnings per share for the quarter. Collectors Universe had a net margin of 14.24% and a return on equity of 70.02%. The firm had revenue of $19.75 million for the quarter.

In other Collectors Universe news, President David G. Hall sold 6,500 shares of the company’s stock in a transaction on Friday, November 10th. The shares were sold at an average price of $26.42, for a total transaction of $171,730.00. Following the transaction, the president now owns 423,499 shares in the company, valued at $11,188,843.58. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, President David G. Hall sold 20,000 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $26.07, for a total transaction of $521,400.00. Following the transaction, the president now owns 423,499 shares in the company, valued at approximately $11,040,618.93. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,460 shares of company stock worth $1,203,108. Corporate insiders own 14.00% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Citigroup Inc. grew its stake in shares of Collectors Universe by 5.0% in the 2nd quarter. Citigroup Inc. now owns 4,906 shares of the business services provider’s stock worth $122,000 after acquiring an additional 232 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Collectors Universe by 15.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,011 shares of the business services provider’s stock worth $174,000 after acquiring an additional 960 shares in the last quarter. Martingale Asset Management L P grew its stake in shares of Collectors Universe by 3.4% in the 2nd quarter. Martingale Asset Management L P now owns 33,104 shares of the business services provider’s stock worth $823,000 after acquiring an additional 1,100 shares in the last quarter. Martin & Co. Inc. TN grew its stake in shares of Collectors Universe by 2.8% in the 2nd quarter. Martin & Co. Inc. TN now owns 50,910 shares of the business services provider’s stock worth $1,265,000 after acquiring an additional 1,390 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of Collectors Universe by 2.9% in the 3rd quarter. Wells Fargo & Company MN now owns 69,770 shares of the business services provider’s stock worth $1,672,000 after acquiring an additional 1,941 shares in the last quarter. Hedge funds and other institutional investors own 45.65% of the company’s stock.

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About Collectors Universe

Collectors Universe, Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). The Company operates through three segments: coins, trading cards and autographs, and other collectibles.

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