TheStreet lowered shares of GlobalSCAPE (NYSEAMERICAN:GSB) from a b rating to a c+ rating in a research report sent to investors on Tuesday.
GlobalSCAPE (GSB) traded up $0.05 during midday trading on Tuesday, reaching $3.45. The company had a trading volume of 55,200 shares, compared to its average volume of 53,548. GlobalSCAPE has a twelve month low of $3.34 and a twelve month high of $5.51.
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 18th. Stockholders of record on Thursday, November 30th were issued a $0.015 dividend. This represents a $0.06 annualized dividend and a dividend yield of 1.74%. The ex-dividend date was Wednesday, November 29th. GlobalSCAPE’s payout ratio is presently 25.00%.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in GlobalSCAPE by 7.7% in the 2nd quarter. Vanguard Group Inc. now owns 390,921 shares of the technology company’s stock valued at $2,068,000 after acquiring an additional 27,900 shares during the period. Bard Associates Inc. increased its position in GlobalSCAPE by 0.8% during the 2nd quarter. Bard Associates Inc. now owns 323,505 shares of the technology company’s stock worth $1,711,000 after buying an additional 2,650 shares during the period. Ativo Capital Management LLC increased its position in GlobalSCAPE by 10.0% during the 2nd quarter. Ativo Capital Management LLC now owns 219,166 shares of the technology company’s stock worth $1,159,000 after buying an additional 20,000 shares during the period. Dimensional Fund Advisors LP increased its position in GlobalSCAPE by 27.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 211,467 shares of the technology company’s stock worth $810,000 after buying an additional 45,614 shares during the period. Finally, Wells Fargo & Company MN increased its position in GlobalSCAPE by 25.3% during the 2nd quarter. Wells Fargo & Company MN now owns 187,447 shares of the technology company’s stock worth $992,000 after buying an additional 37,879 shares during the period.
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GlobalSCAPE, Inc provides secure information exchange capabilities for enterprises and consumers through the development and distribution of software, delivery of managed and hosted solutions, and provisioning of associated services. The Company’s primary product is Enhance File Transfer (EFT). Its software products and services include Managed File Transfer Solutions (MFT), Secure Content Mobility Solutions, Wide Area File Services (WAFS), Managed E-Mail Attachment Solution, Consumer-Based File Transfer Solution and professional services.
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