At the time of writing, Heritage Global Inc [HGBL] stock is trading at $1.85, up 5.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HGBL shares have gain 8.82% over the last week, with a monthly amount glided 5.11%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Heritage Global Inc fluctuated between $1.52 and $3.09. Heritage Global Inc [NASDAQ: HGBL] shares were valued at $1.85 at the most recent close of the market.
Analyzing the HGBL fundamentals
According to Heritage Global Inc [NASDAQ:HGBL], the company’s sales were 49.88M for trailing twelve months, which represents an -33.06% plunge. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.16 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7433 points at the first support level, and at 1.6367 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9333, and for the 2nd resistance point, it is at 2.0167.
Ratios To Look Out For
It is important to note that Heritage Global Inc [NASDAQ:HGBL] has a current ratio of 1.78. Also, the Quick Ratio is 1.56, while the Cash Ratio stands at 1.28. Considering the valuation of this stock, the price to sales ratio is 1.39, the price to book ratio is 1.02 and price to earnings (TTM) ratio is 6.71.
Transactions by insiders
Recent insider trading involved Ludwig David Van, President of subsidiary, that happened on Dec 18 ’24 when 10000.0 shares were sold. President of subsidiary, Ludwig David Van completed a deal on Dec 05 ’24 to sell 10000.0 shares. Meanwhile, President of subsidiary Ludwig David Van sold 10000.0 shares on Dec 03 ’24.
