Houston Wire & Cable (HWCC) to Release Quarterly Earnings on Friday

Houston Wire & Cable (NASDAQ:HWCC) is set to release its earnings data before the market opens on Friday, November 8th. Persons interested in registering for the company’s earnings conference call can do so using this link.

Houston Wire & Cable (NASDAQ:HWCC) last issued its quarterly earnings data on Thursday, August 8th. The industrial products company reported $0.10 earnings per share (EPS) for the quarter. The firm had revenue of $85.33 million during the quarter. Houston Wire & Cable had a net margin of 2.30% and a return on equity of 7.89%.

Shares of HWCC stock opened at $4.34 on Thursday. The firm has a 50 day moving average price of $4.35 and a two-hundred day moving average price of $4.96. The company has a quick ratio of 1.63, a current ratio of 4.41 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $73.24 million, a PE ratio of 8.98 and a beta of 1.48. Houston Wire & Cable has a 12-month low of $3.55 and a 12-month high of $7.04.

In related news, Director Roy W. Haley acquired 6,023 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was purchased at an average cost of $4.46 per share, for a total transaction of $26,862.58. Following the completion of the transaction, the director now directly owns 243,405 shares of the company’s stock, valued at approximately $1,085,586.30. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO James L. Pokluda III acquired 10,000 shares of the business’s stock in a transaction on Wednesday, August 28th. The shares were bought at an average price of $3.90 per share, with a total value of $39,000.00. Following the completion of the transaction, the chief executive officer now directly owns 234,758 shares of the company’s stock, valued at $915,556.20. The disclosure for this purchase can be found here. Insiders have acquired 58,023 shares of company stock valued at $237,803 over the last 90 days. Company insiders own 6.20% of the company’s stock.

About Houston Wire & Cable

Houston Wire & Cable Company, through its subsidiaries, sells electrical and mechanical wire and cable, industrial fasteners, hardware, and related services in the United States. It offers wire and cable products, including continuous and interlocked armor cables; control and power cables; electronic wires and cables; flexible and portable cords; instrumentation and thermocouple cables; lead and high temperature cables; medium voltage cables; and premise and category wires and cables, primary and secondary aluminum distribution cables, and steel wire ropes and wire rope slings, as well as synthetic fiber rope slings, chains, shackles, and other related hardware and corrosion resistant products.

Read More: Trade War

Earnings History for Houston Wire & Cable (NASDAQ:HWCC)

Receive News & Ratings for Houston Wire & Cable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Houston Wire & Cable and related companies with MarketBeat.com's FREE daily email newsletter.