Daseke Inc (DSKE) Director Mark Sinclair Purchases 10,000 Shares
Daseke Inc (NASDAQ:DSKE) Director Mark Sinclair purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, December 4th. The stock was bought at an average price of $3.77 per share, with a total value of $37,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
DSKE traded down $0.21 during trading hours on Friday, reaching $3.25. The company’s stock had a trading volume of 1,034,300 shares, compared to its average volume of 409,611. Daseke Inc has a fifty-two week low of $3.24 and a fifty-two week high of $14.52. The stock has a market capitalization of $228.17 million, a PE ratio of -5.42 and a beta of 1.29. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.81 and a current ratio of 1.81.
Daseke (NASDAQ:DSKE) last released its quarterly earnings data on Tuesday, November 6th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.03). Daseke had a net margin of 3.77% and a return on equity of 2.25%. The business had revenue of $461.59 million during the quarter, compared to analyst estimates of $430.29 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. The company’s revenue was up 99.5% on a year-over-year basis. As a group, equities research analysts forecast that Daseke Inc will post 0.07 earnings per share for the current fiscal year.
A number of equities research analysts have recently issued reports on the company. Cowen restated a “buy” rating and issued a $15.00 price target on shares of Daseke in a research report on Friday, August 10th. BidaskClub lowered Daseke from a “hold” rating to a “sell” rating in a research report on Tuesday, September 25th. Finally, Craig Hallum lowered Daseke from a “buy” rating to a “hold” rating in a research report on Tuesday, November 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $14.88.
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Daseke, Inc provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through Flatbed Solutions and Specialized Solutions segments. The company transports heavy haul freight, defense and commercial arms, ammunition and explosives, radioactive cargo and hazardous materials, and commercial sheet glass, as well as offers 10-wheel drive-away services.
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