Standard Diversified Inc Class A (NYSEAMERICAN) (NYSE:SDI) posted its quarterly earnings results on Friday. The company reported $0.08 EPS for the quarter, MarketWatch Earnings reports. Standard Diversified Inc Class A (NYSEAMERICAN) had a return on equity of 18.09% and a net margin of 2.40%. The company had revenue of $91.60 million for the quarter.
NYSE SDI traded down $0.93 during trading hours on Friday, reaching $15.10. The company’s stock had a trading volume of 17,209 shares, compared to its average volume of 11,915. The company has a debt-to-equity ratio of 2.52, a current ratio of 2.97 and a quick ratio of 1.53. Standard Diversified Inc Class A has a 1 year low of $9.15 and a 1 year high of $19.74.
In other news, major shareholder General L.P. Standard sold 23,468 shares of the company’s stock in a transaction that occurred on Friday, October 19th. The stock was sold at an average price of $16.51, for a total transaction of $387,456.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Thomas F. Jr. Helms sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $16.36, for a total value of $245,400.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 479,206 shares of company stock worth $7,566,815. 10.22% of the stock is owned by insiders.
About Standard Diversified Inc Class A (NYSEAMERICAN)
Standard Diversified, Inc operates as shell company, which intends to identify new business and investment opportunities. The company was founded by Martha C. Reider and Richard C. Birkmeyer in 1990 and is headquartered in Mineola, NY.
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