Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report)'s stock price hit a new 52-week low on Wednesday . The stock traded as low as $35.53 and last traded at $35.68, with a volume of 113655 shares trading hands. The stock had previously closed at $36.21.
Sturm, Ruger & Company, Inc. Price Performance
The business's 50 day moving average is $39.31 and its 200-day moving average is $41.17. The company has a market cap of $597.39 million, a PE ratio of 20.57 and a beta of 0.16.
Sturm, Ruger & Company, Inc. Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.44 annualized dividend and a dividend yield of 1.24%. Sturm, Ruger & Company, Inc.'s dividend payout ratio (DPR) is currently 25.43%.
Institutional Trading of Sturm, Ruger & Company, Inc.
Hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC boosted its position in shares of Sturm, Ruger & Company, Inc. by 53.8% during the 3rd quarter. GAMMA Investing LLC now owns 735 shares of the company's stock worth $31,000 after acquiring an additional 257 shares in the last quarter. Palouse Capital Management Inc. purchased a new position in Sturm, Ruger & Company, Inc. in the second quarter valued at approximately $77,000. FMR LLC increased its stake in Sturm, Ruger & Company, Inc. by 127.6% in the third quarter. FMR LLC now owns 2,572 shares of the company's stock valued at $107,000 after purchasing an additional 1,442 shares during the last quarter. Indiana Trust & Investment Management Co acquired a new stake in Sturm, Ruger & Company, Inc. during the third quarter worth approximately $108,000. Finally, Dark Forest Capital Management LP purchased a new stake in shares of Sturm, Ruger & Company, Inc. during the 2nd quarter worth approximately $221,000. 64.00% of the stock is currently owned by institutional investors and hedge funds.
Sturm, Ruger & Company, Inc. Company Profile
(
Get Free Report)
Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Sturm, Ruger & Company, Inc., 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 Sturm, Ruger & Company, Inc. wasn't on the list.
While Sturm, Ruger & Company, Inc. currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
