Escalade, Incorporated (NASDAQ:ESCA - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $13.71 and traded as high as $14.65. Escalade shares last traded at $14.58, with a volume of 40,603 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded Escalade from a "hold" rating to a "buy" rating in a research note on Thursday, October 10th.
Check Out Our Latest Research Report on Escalade
Escalade Price Performance
The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.41 and a current ratio of 3.45. The stock has a 50 day moving average of $13.95 and a 200-day moving average of $13.71. The company has a market cap of $202.37 million, a PE ratio of 15.51 and a beta of 1.22.
Escalade Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, January 13th. Investors of record on Monday, January 6th will be given a $0.15 dividend. The ex-dividend date is Monday, January 6th. This represents a $0.60 dividend on an annualized basis and a yield of 4.12%. Escalade's dividend payout ratio is currently 63.83%.
Hedge Funds Weigh In On Escalade
Institutional investors have recently bought and sold shares of the business. Thoroughbred Financial Services LLC purchased a new position in shares of Escalade during the second quarter worth $15,458,000. Vanguard Group Inc. raised its stake in shares of Escalade by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 498,945 shares of the company's stock valued at $6,860,000 after buying an additional 3,569 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Escalade by 0.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 458,464 shares of the company's stock valued at $6,322,000 after buying an additional 1,365 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Escalade by 0.9% in 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 buying an additional 1,071 shares during the period. Finally, De Lisle Partners LLP boosted its stake in shares of Escalade by 6.3% in the third quarter. De Lisle Partners LLP now owns 83,886 shares of the company's stock worth $1,177,000 after buying an additional 5,000 shares during the last quarter. 65.22% of the stock is owned by hedge funds and other institutional investors.
Escalade Company Profile
(
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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