Sturm Ruger & Company Inc (NYSE:RGR) Reaches New 12-Month Low at $40.50

Sturm Ruger & Company Inc (NYSE:RGR)’s share price hit a new 52-week low on Wednesday . The company traded as low as $40.50 and last traded at $40.60, with a volume of 3989 shares. The stock had previously closed at $40.70.

Separately, TheStreet cut shares of Sturm Ruger & Company Inc from a “b-” rating to a “c” rating in a research report on Wednesday, August 7th.

The company has a current ratio of 5.13, a quick ratio of 4.17 and a debt-to-equity ratio of 0.01. The business’s 50-day simple moving average is $49.81 and its two-hundred day simple moving average is $52.74. The company has a market capitalization of $711.65 million, a PE ratio of 17.70 and a beta of 0.40.

Sturm Ruger & Company Inc (NYSE:RGR) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.35 earnings per share for the quarter. The company had revenue of $96.33 million during the quarter. Sturm Ruger & Company Inc had a net margin of 9.13% and a return on equity of 15.26%.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be given a $0.14 dividend. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $0.56 dividend on an annualized basis and a yield of 1.35%.

Large investors have recently bought and sold shares of the business. Capital Investment Advisory Services LLC raised its stake in Sturm Ruger & Company Inc by 122.4% during the first quarter. Capital Investment Advisory Services LLC now owns 545 shares of the company’s stock worth $29,000 after acquiring an additional 300 shares during the period. SRS Capital Advisors Inc. acquired a new stake in Sturm Ruger & Company Inc during the second quarter worth about $32,000. NEXT Financial Group Inc raised its stake in Sturm Ruger & Company Inc by 109.8% during the second quarter. NEXT Financial Group Inc now owns 709 shares of the company’s stock worth $39,000 after acquiring an additional 371 shares during the period. Doyle Wealth Management acquired a new stake in Sturm Ruger & Company Inc during the second quarter worth about $49,000. Finally, Rockefeller Capital Management L.P. raised its stake in Sturm Ruger & Company Inc by 1,572.0% during the first quarter. Rockefeller Capital Management L.P. now owns 1,672 shares of the company’s stock worth $89,000 after acquiring an additional 1,572 shares during the period. 74.88% of the stock is owned by institutional investors.

About Sturm Ruger & Company Inc (NYSE:RGR)

Sturm, Ruger & Company, Inc designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates in two segments, Firearms and Castings. It offers single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts.

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