Myers Industries (NYSE:MYE - Get Free Report) will likely be announcing its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $203.10 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
Myers Industries Trading Up 2.6 %
Shares of NYSE MYE traded up $0.27 during trading on Friday, hitting $10.92. 1,648,402 shares of the company were exchanged, compared to its average volume of 271,359. The company has a fifty day moving average price of $11.57 and a 200-day moving average price of $12.45. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.11 and a current ratio of 1.80. The firm has a market capitalization of $407.03 million, a PE ratio of 26.01 and a beta of 1.23. Myers Industries has a 12-month low of $10.35 and a 12-month high of $23.63.
Wall Street Analysts Forecast Growth
MYE has been the topic of several recent analyst reports. StockNews.com lowered shares of Myers Industries from a "hold" rating to a "sell" rating in a report on Tuesday, January 28th. KeyCorp cut Myers Industries from an "overweight" rating to a "sector weight" rating in a report on Wednesday, November 6th.
Get Our Latest Research Report on Myers Industries
Insider Buying and Selling
In other news, CEO Dave Basque bought 5,000 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average price of $12.41 per share, for a total transaction of $62,050.00. Following the completion of the purchase, the chief executive officer now owns 39,152 shares in the company, valued at approximately $485,876.32. This trade represents a 14.64 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders purchased 17,000 shares of company stock valued at $203,530 in the last three months. 1.40% of the stock is owned by corporate insiders.
About Myers Industries
(
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Myers Industries, Inc engages in distribution of tire service supplies in Ohio. It operates through two segments, The Material Handling and Distribution. The Material Handling segment offers pallets, small parts bins, bulk shipping containers, and OEM parts, as well as storage and organization, and custom plastic products; and injection molded, rotationally molded or blow molded products, consumer fuel containers and tanks for water, fuel, and waste handling.
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