2 weeks Ago By ABMN Staff
Emerald Holding, Inc. ( NYSE:EEX – Get Free Report ) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totalling 2,110,000 shares, a drop of 7.
5% from the August 31st total of 2,280,000 shares. Based on an average trading volume of 287,300 shares, the days-to-cover ratio is presently 7.3 days.
Emerald Trading Down 7.6 % Shares of EEX stock traded down $0.38 on Tuesday, hitting $4.
61. 155,138 shares of the company’s stock traded hands, compared to its average volume of 159,056. The company has a debt-to-equity ratio of 0.
98, a quick ratio of 1.34 and a current ratio of 1.34.
The stock has a market capitalization of $939.69 million, a price-to-earnings ratio of -6.15 and a beta of 1.
37. The company’s fifty day simple moving average is $5.30 and its 200 day simple moving average is $5.
74. Emerald has a one year low of $4.08 and a one year high of $7.
05. Emerald ( NYSE:EEX – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.
03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.13.
Emerald had a return on equity of 3.53% and a net margin of 0.25%.
The business had revenue of $86.00 million for the quarter. Emerald Announces Dividend Hedge Funds Weigh In On Emerald Several hedge funds and other institutional investors have recently modified their holdings of EEX.
Bank of New York Mellon Corp increased its holdings in Emerald by 5.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 70,486 shares of the company’s stock valued at $401,000 after purchasing an additional 3,950 shares during the period.
FFT Wealth Management LLC purchased a new position in shares of Emerald during the second quarter valued at approximately $532,000. Thrivent Financial for Lutherans raised its holdings in shares of Emerald by 17.8% during the second quarter.
Thrivent Financial for Lutherans now owns 126,479 shares of the company’s stock valued at $719,000 after acquiring an additional 19,156 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Emerald by 9.0% in the second quarter.
Renaissance Technologies LLC now owns 195,357 shares of the company’s stock worth $1,112,000 after acquiring an additional 16,200 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in Emerald by 1.0% in the second quarter.
Dimensional Fund Advisors LP now owns 269,034 shares of the company’s stock valued at $1,531,000 after acquiring an additional 2,624 shares in the last quarter. 14.90% of the stock is owned by institutional investors.
Emerald Company Profile ( Get Free Report ) Emerald Holding, Inc operates business-to-business (B2B) trade shows in the United States. The company provides B2B trade show franchises; and B2B print publications and digital media products, which provide industry specific business news and information across various sectors. It also offers B2B e-commerce and digital merchandising solutions to manufacturers and retailers through Elastic Suite and Bulletin platforms.
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