Alamo Group, Inc. (NYSE:ALG) VP Dan Edward Malone sold 2,206 shares of the firm’s stock in a transaction that occurred on Friday, June 28th. The stock was sold at an average price of $100.70, for a total transaction of $222,144.20. Following the sale, the vice president now owns 19,755 shares of the company’s stock, valued at approximately $1,989,328.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
ALG opened at $96.80 on Thursday. The business has a 50 day simple moving average of $97.40. The company has a market cap of $1.14 billion, a P/E ratio of 16.40 and a beta of 0.89. Alamo Group, Inc. has a 12 month low of $72.50 and a 12 month high of $106.19. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.79 and a current ratio of 4.63.
Alamo Group (NYSE:ALG) last released its quarterly earnings data on Wednesday, May 1st. The industrial products company reported $1.28 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.36 by ($0.08). The business had revenue of $261.93 million during the quarter. Alamo Group had a return on equity of 13.97% and a net margin of 7.18%.
About Alamo Group
Alamo Group Inc designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, including boom-mounted mowers; other cutters and replacement parts for heavy-duty and intensive uses; and heavy duty, tractor- and truck-mounted mowing, and vegetation maintenance equipment and replacement parts.
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