Escalade, Incorporated (NASDAQ:ESCA - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $13.66 and traded as high as $14.87. Escalade shares last traded at $14.42, with a volume of 35,006 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded Escalade from a "hold" rating to a "buy" rating in a report on Thursday, October 10th.
Read Our Latest Stock Report on Escalade
Escalade Stock Up 0.1 %
The firm has a market cap of $200.43 million, a P/E ratio of 15.47 and a beta of 1.22. The stock's 50-day simple moving average is $13.87 and its 200 day simple moving average is $13.66. The company has a quick ratio of 1.41, a current ratio of 3.45 and a debt-to-equity ratio of 0.13.
Escalade Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, January 13th. Stockholders of record on Monday, January 6th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date is Monday, January 6th. Escalade's dividend payout ratio is currently 63.83%.
Institutional Investors Weigh In On Escalade
Several large investors have recently added to or reduced their stakes in the business. Inspire Advisors LLC boosted its position in shares of Escalade by 195.4% during the third quarter. Inspire Advisors LLC now owns 43,092 shares of the company's stock valued at $606,000 after purchasing an additional 28,503 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Escalade by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 458,464 shares of the company's stock worth $6,322,000 after acquiring an additional 1,365 shares during the period. Thoroughbred Financial Services LLC purchased a new stake in Escalade in the 2nd quarter worth approximately $15,458,000. Bank of New York Mellon Corp raised its stake in Escalade by 0.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 126,474 shares of the company's stock valued at $1,744,000 after purchasing an additional 1,071 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in Escalade during the first quarter valued at $199,000. Institutional investors own 65.22% of the company's stock.
About Escalade
(
Get Free Report)
Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.
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