FNY Investment Advisers LLC Buys Shares of 65,254 Industrial Services of America, Inc. (NASDAQ:IDSA)

FNY Investment Advisers LLC bought a new stake in Industrial Services of America, Inc. (NASDAQ:IDSA) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 65,254 shares of the industrial products company’s stock, valued at approximately $73,000. FNY Investment Advisers LLC owned about 0.80% of Industrial Services of America at the end of the most recent reporting period.

NASDAQ IDSA opened at $1.13 on Tuesday. The firm’s 50-day moving average is $1.13 and its two-hundred day moving average is $1.14. Industrial Services of America, Inc. has a 12 month low of $0.61 and a 12 month high of $2.17. The company has a quick ratio of 0.75, a current ratio of 1.35 and a debt-to-equity ratio of 0.96.

Industrial Services of America Profile

Industrial Services of America, Inc buys, processes, and markets ferrous and non-ferrous metals, and other recyclable commodities in the United States. The company processes scrap metal through its sorting, cutting, baling, and shredding operations. Its non-ferrous scrap recycling operations consist primarily of collecting, sorting, and processing various grades of copper, aluminum, and stainless steel and brass.

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