Shiloh Industries, Inc. (SHLO) Director Jean Brunol Sells 5,000 Shares
Shiloh Industries, Inc. (NASDAQ:SHLO) Director Jean Brunol sold 5,000 shares of the business’s stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $10.20, for a total transaction of $51,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Jean Brunol also recently made the following trade(s):
- On Monday, October 16th, Jean Brunol sold 10,189 shares of Shiloh Industries stock. The shares were sold at an average price of $10.37, for a total transaction of $105,659.93.
Shiloh Industries, Inc. (NASDAQ SHLO) traded up 2.07% during mid-day trading on Wednesday, reaching $10.36. 142,645 shares of the company’s stock were exchanged. The company has a 50-day moving average of $9.60 and a 200-day moving average of $10.73. Shiloh Industries, Inc. has a 52-week low of $6.50 and a 52-week high of $16.69. The stock has a market cap of $239.55 million, a price-to-earnings ratio of 33.97 and a beta of 2.15.
Shiloh Industries (NASDAQ:SHLO) last posted its earnings results on Tuesday, August 29th. The basic materials company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.02). The business had revenue of $256.85 million during the quarter, compared to analysts’ expectations of $236.40 million. Shiloh Industries had a return on equity of 10.67% and a net margin of 0.52%. Shiloh Industries’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 EPS. Equities research analysts anticipate that Shiloh Industries, Inc. will post $0.63 earnings per share for the current year.
Several hedge funds have recently added to or reduced their stakes in SHLO. Russell Investments Group Ltd. bought a new position in shares of Shiloh Industries in the second quarter valued at approximately $105,000. Cornerstone Capital Management Holdings LLC. bought a new position in shares of Shiloh Industries in the second quarter valued at approximately $141,000. Virtu KCG Holdings LLC bought a new position in shares of Shiloh Industries in the second quarter valued at approximately $157,000. California State Teachers Retirement System bought a new position in shares of Shiloh Industries in the second quarter valued at approximately $181,000. Finally, Schwab Charles Investment Management Inc. bought a new position in shares of Shiloh Industries in the second quarter valued at approximately $182,000. Institutional investors own 21.71% of the company’s stock.
A number of analysts have issued reports on SHLO shares. ValuEngine downgraded shares of Shiloh Industries from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. BMO Capital Markets started coverage on shares of Shiloh Industries in a report on Wednesday, August 16th. They issued an “outperform” rating and a $11.00 price objective for the company. Finally, Bank of America Corporation started coverage on shares of Shiloh Industries in a report on Thursday, September 7th. They issued a “neutral” rating and a $9.50 price objective for the company.
About Shiloh Industries
Shiloh Industries, Inc is a supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and industrial markets. The Company operates through Automotive and Commercial Vehicles segment. The Company offers portfolio of lightweighting solutions in aluminum, magnesium, steel and high strength steel alloys.
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