HG (OTCMKTS:STLY) Announces Earnings Results

HG (OTCMKTS:STLY) released its quarterly earnings results on Thursday. The company reported $0.11 earnings per share for the quarter, Zacks reports. HG had a return on equity of 5.46% and a net margin of 14.15%.

HG Stock Performance

Shares of OTCMKTS STLY traded down $0.10 during midday trading on Thursday, hitting $3.40. 1,503 shares of the stock traded hands, compared to its average volume of 886. HG has a one year low of $2.91 and a one year high of $5.95. The business has a 50 day moving average price of $3.65 and a two-hundred day moving average price of $4.12. The company has a market cap of $17.16 million, a PE ratio of 9.44 and a beta of 0.21.

About HG

HG Holdings, Inc. is a holding company that operates primarily through businesses in the property and casualty insurance industry. Its activities have included providing and managing insurance products designed to protect residential and other property owners against risks such as wind, storm, fire and other covered losses. The company has evolved from its former identity as Stanley Furniture, Inc., a furniture manufacturer established in the early twentieth century. Stanley Furniture produced bedroom, dining room, youth and home-office furnishings before shifting away from its traditional furniture operations and adopting the HG Holdings name as its business focus changed.