Heritage Global Inc (HGBL)’s latest quarter sales figures and margins explained

Currently, Heritage Global Inc [HGBL] is trading at $2.00, up 0.50%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HGBL shares have gain 8.11% over the last week, with a monthly amount glided 16.28%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

This stock has fluctuated between a low of $1.52 and a high of $3.09 over the last 52 weeks. Heritage Global Inc [NASDAQ: HGBL] shares were valued at $2.00 at the most recent close of the market.

Analyzing the HGBL fundamentals

Trailing Twelve Months sales for Heritage Global Inc [NASDAQ:HGBL] were 49.88M which represents -33.06% decline. 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 1.9600 points at the first support level, and at 1.9300 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.0200, and for the 2nd resistance point, it is at 2.0500.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Heritage Global Inc [NASDAQ:HGBL] is 1.78. Further, the Quick Ratio stands at 1.56, while the Cash Ratio is 1.28. Considering the valuation of this stock, the price to sales ratio is 1.50, the price to book ratio is 1.10 and price to earnings (TTM) ratio is 7.25.

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.

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