Oddo BHF Asset Management Sas bought a new stake in shares of Steel Connect, Inc. (NASDAQ:STCN - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 138,902 shares of the technology company's stock, valued at approximately $1,465,000. Oddo BHF Asset Management Sas owned approximately 2.19% of Steel Connect as of its most recent SEC filing.
Steel Connect Stock Up 0.2 %
Shares of NASDAQ STCN traded up $0.03 during midday trading on Friday, reaching $12.38. 8,859 shares of the company's stock traded hands, compared to its average volume of 14,171. The company has a market cap of $78.49 million, a price-to-earnings ratio of 4.03 and a beta of 0.25. The stock's 50 day simple moving average is $10.63 and its 200-day simple moving average is $11.44. Steel Connect, Inc. has a one year low of $7.36 and a one year high of $13.00.
Steel Connect (NASDAQ:STCN - Get Free Report) last announced its earnings results on Thursday, December 12th. The technology company reported $0.07 earnings per share (EPS) for the quarter. Steel Connect had a return on equity of 14.59% and a net margin of 50.53%.
About Steel Connect
(
Free Report)
Steel Connect, Inc, together with its subsidiaries, provides supply chain services in the United States, Mainland China, Netherlands, and internationally. It offers product configuration and packaging, kitting, and assembly of components and parts into finished goods; and value-added processes, such as product testing, radio frequency identification tagging, product or service activation, language settings, personalization and engraving, multi-channel packaging, and packaging design services.
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