Smart Global (SGH) to Release Earnings on Thursday
Smart Global (NASDAQ:SGH) is scheduled to be releasing its earnings data after the market closes on Thursday, October 4th. Analysts expect Smart Global to post earnings of $1.55 per share for the quarter.
Shares of SGH stock opened at $28.67 on Thursday. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.61 and a quick ratio of 1.13. The company has a market capitalization of $662.98 million, a P/E ratio of 14.37 and a beta of -0.65. Smart Global has a 1 year low of $20.29 and a 1 year high of $56.69.
In other Smart Global news, VP Bruce M. Goldberg sold 4,131 shares of the business’s stock in a transaction that occurred on Thursday, July 26th. The shares were sold at an average price of $31.91, for a total transaction of $131,820.21. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Alan Marten sold 8,000 shares of the business’s stock in a transaction that occurred on Monday, July 16th. The shares were sold at an average price of $31.31, for a total transaction of $250,480.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 84,731 shares of company stock valued at $2,611,889. 6.90% of the stock is currently owned by corporate insiders.
Smart Global Company Profile
SMART Global Holdings, Inc designs, manufactures, and supplies specialty memory solutions worldwide. The company offers dynamic random access memory (DRAM) components, which are used to manufacture modules and other products; DRAM modules for desktop, notebook, and server applications, as well as for use in smartphones; and specialty DRAM modules for industrial, communications, and networking applications, as well as develops specialized memory module designs based on original equipment manufacturer (OEM) requirements.
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