CUI Global Inc (NASDAQ:CUI) Director James F. Oneil acquired 20,000 shares of CUI Global stock in a transaction that occurred on Wednesday, August 21st. The stock was acquired at an average cost of $0.79 per share, for a total transaction of $15,800.00. Following the purchase, the director now owns 330,331 shares of the company’s stock, valued at $260,961.49. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.
CUI stock traded up $0.01 during midday trading on Friday, hitting $0.74. The stock had a trading volume of 16,434 shares, compared to its average volume of 55,079. The firm has a market cap of $21.22 million, a P/E ratio of -2.06 and a beta of 1.16. The company has a current ratio of 1.37, a quick ratio of 0.87 and a debt-to-equity ratio of 0.33. CUI Global Inc has a 1-year low of $0.63 and a 1-year high of $2.40. The business has a fifty day moving average price of $0.78 and a two-hundred day moving average price of $1.08.
Several brokerages recently weighed in on CUI. B. Riley reissued a “buy” rating on shares of CUI Global in a research note on Friday, May 17th. Lake Street Capital reduced their price objective on shares of CUI Global from $6.00 to $2.30 and set a “buy” rating on the stock in a research note on Thursday, May 16th. Finally, ValuEngine raised shares of CUI Global from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st.
CUI Global Company Profile
CUI Global, Inc, through its subsidiaries, engages in the acquisition, development, and commercialization of power and electromechanical components worldwide. The company operates in two segments, Power and Electromechanical, and Energy. The Power and Electromechanical segment offers power solutions that consists of external and embedded ac-dc power supplies, dc-dc converters, and intelligent control of energy products; components, including connectors, speakers, and buzzers; and control solutions comprising encoders and sensors, which addresses power and related accessories to consumer electronics, medical, and defense industries.
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