Armlogi's (NASDAQ:BTOC - Get Free Report) lock-up period is set to end on Monday, November 11th. Armlogi had issued 1,600,000 shares in its public offering on May 14th. The total size of the offering was $8,000,000 based on an initial share price of $5.00. After the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.
Armlogi Stock Down 1.4 %
Shares of BTOC traded down $0.09 during mid-day trading on Monday, hitting $6.31. 482,036 shares of the company were exchanged, compared to its average volume of 160,290. Armlogi has a 1-year low of $3.27 and a 1-year high of $8.74. The firm's 50 day simple moving average is $4.87.
Armlogi (NASDAQ:BTOC - Get Free Report) last released its quarterly earnings results on Thursday, September 26th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $45.29 million for the quarter.
About Armlogi
(
Get Free Report)
Armlogi Holding Corp. is a warehousing and logistics service provider which offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment. Armlogi Holding Corp. is based in WALNUT, CA.
Recommended Stories
Before you consider Armlogi, 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 Armlogi wasn't on the list.
While Armlogi currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
