Free Trial

Emerald (NYSE:EEX) Sets New 1-Year Low - Here's Why

Emerald logo with Consumer Discretionary background
Remove Ads

Emerald Holding, Inc. (NYSE:EEX - Get Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as $3.92 and last traded at $3.94, with a volume of 68074 shares traded. The stock had previously closed at $4.00.

Emerald Stock Down 0.4 %

The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.02. The business has a 50-day simple moving average of $4.48 and a 200-day simple moving average of $4.69. The stock has a market cap of $790.62 million, a P/E ratio of -7.21 and a beta of 1.31.

Emerald Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Monday, March 10th will be given a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date is Monday, March 10th. Emerald's dividend payout ratio is -11.11%.

Institutional Investors Weigh In On Emerald

Hedge funds and other institutional investors have recently made changes to their positions in the business. Copeland Capital Management LLC bought a new stake in Emerald during the 4th quarter valued at approximately $57,000. Two Sigma Securities LLC acquired a new position in shares of Emerald during the fourth quarter worth approximately $62,000. Virtu Financial LLC acquired a new position in shares of Emerald during the third quarter worth approximately $67,000. XTX Topco Ltd acquired a new stake in shares of Emerald in the fourth quarter worth $69,000. Finally, ExodusPoint Capital Management LP bought a new position in Emerald during the fourth quarter worth $72,000. 14.90% of the stock is owned by institutional investors and hedge funds.

Remove Ads

Emerald Company Profile

(Get Free Report)

Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.

Read More

Should You Invest $1,000 in Emerald Right Now?

Before you consider Emerald, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emerald wasn't on the list.

While Emerald currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Institutions Are Dumping These 3 Stocks—Should You?
Will Tesla’s Robot Future Save Its Falling Stock?
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads