Acacia Research (NASDAQ:ACTG - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 12th. Individual that wish to register for the company's earnings conference call can do so using this link.
Acacia Research (NASDAQ:ACTG - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The business services provider reported ($0.02) EPS for the quarter. The business had revenue of $25.84 million for the quarter. Acacia Research had a net margin of 44.42% and a return on equity of 12.00%.
Acacia Research Trading Up 2.3 %
ACTG traded up $0.10 during midday trading on Tuesday, reaching $4.46. 514,795 shares of the company's stock traded hands, compared to its average volume of 257,770. The firm has a fifty day moving average of $4.66 and a two-hundred day moving average of $4.98. The stock has a market capitalization of $447.69 million, a price-to-earnings ratio of 6.97 and a beta of 0.53. The company has a debt-to-equity ratio of 0.14, a current ratio of 11.17 and a quick ratio of 10.90. Acacia Research has a 52 week low of $3.55 and a 52 week high of $5.74.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered Acacia Research from a "hold" rating to a "sell" rating in a research report on Friday, October 11th.
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About Acacia Research
(
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Acacia is a publicly traded Nasdaq: ACTG company that is focused on acquiring and operating businesses across the industrial, energy and technology sectors where it believes it can leverage its expertise, significant capital base, and deep industry relationships to drive value. Acacia evaluates opportunities based on the attractiveness of the underlying cash flows, without regard to a specific investment horizon.
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