Quad/Graphics, Inc. (NYSE:QUAD) Director Christopher B. Harned bought 4,350 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were purchased at an average cost of $4.14 per share, for a total transaction of $18,009.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of NYSE:QUAD traded up $0.16 during trading on Friday, reaching $4.38. The company had a trading volume of 989,269 shares, compared to its average volume of 540,374. The company has a fifty day moving average of $9.05 and a two-hundred day moving average of $9.39. The stock has a market capitalization of $240.46 million, a P/E ratio of 2.45 and a beta of 1.58. Quad/Graphics, Inc. has a 12 month low of $4.10 and a 12 month high of $17.58. The company has a current ratio of 1.06, a quick ratio of 0.70 and a debt-to-equity ratio of 4.95.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Monday, November 18th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 13.70%. The ex-dividend date of this dividend is Friday, November 15th. Quad/Graphics’s payout ratio is 67.04%.
A number of equities analysts have recently commented on the stock. Buckingham Research lowered shares of Quad/Graphics from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $20.00 to $7.00 in a report on Wednesday, October 30th. TheStreet lowered shares of Quad/Graphics from a “c-” rating to a “d+” rating in a report on Friday, November 1st. Zacks Investment Research lowered shares of Quad/Graphics from a “hold” rating to a “sell” rating in a report on Thursday. Finally, ValuEngine raised shares of Quad/Graphics from a “strong sell” rating to a “sell” rating in a report on Thursday, August 1st.
Quad/Graphics Company Profile
Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.
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