Ross Dove Buys 28,500 Shares of Heritage Global Inc (HGBL) Stock
Heritage Global Inc (OTCMKTS:HGBL) CEO Ross Dove purchased 28,500 shares of the firm’s stock in a transaction on Friday, May 24th. The stock was bought at an average price of $0.64 per share, for a total transaction of $18,240.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shares of HGBL traded up $0.10 during mid-day trading on Friday, reaching $0.68. The company had a trading volume of 43,045 shares, compared to its average volume of 43,773. The firm has a market cap of $19.89 million, a PE ratio of 5.80 and a beta of -0.06. Heritage Global Inc has a fifty-two week low of $0.36 and a fifty-two week high of $0.78. The company has a quick ratio of 0.49, a current ratio of 0.68 and a debt-to-equity ratio of 0.12.
Heritage Global (OTCMKTS:HGBL) last announced its quarterly earnings results on Monday, May 6th. The business services provider reported $0.02 earnings per share for the quarter. The company had revenue of $6.55 million for the quarter. Heritage Global had a net margin of 12.60% and a return on equity of 41.46%.
About Heritage Global
Heritage Global Inc, together with its subsidiaries, engages in the asset liquidation business. Its asset liquidation business consists primarily of the auction, appraisal, and asset advisory services; mergers and acquisitions advisory services and the accounts receivable brokerage services; and the purchase and sale, including at auction, of industrial machinery and equipment, real estate, inventories, accounts receivable, and distressed debt.
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