Atkore International Group Inc (NYSE:ATKR) insider Mark F. Lamps sold 2,005 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $37.51, for a total transaction of $75,207.55. Following the completion of the sale, the insider now directly owns 14,025 shares in the company, valued at $526,077.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
ATKR stock opened at $37.53 on Friday. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.57 and a quick ratio of 1.73. Atkore International Group Inc has a 1-year low of $17.47 and a 1-year high of $38.17. The firm has a fifty day moving average price of $32.52 and a two-hundred day moving average price of $27.93. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 15.13 and a beta of 1.78.
Atkore International Group (NYSE:ATKR) last released its earnings results on Wednesday, August 7th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.23. Atkore International Group had a net margin of 6.65% and a return on equity of 82.84%. The firm had revenue of $493.49 million during the quarter, compared to analyst estimates of $528.63 million. During the same quarter in the previous year, the firm earned $0.86 earnings per share. The firm’s revenue for the quarter was down .9% compared to the same quarter last year.
Separately, Zacks Investment Research raised shares of Atkore International Group from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a report on Tuesday, October 8th.
About Atkore International Group
Atkore International Group Inc manufactures and distributes electrical raceway products, and mechanical products and solutions (MP&S) in the United States and internationally. The company offers electrical raceway products, including electrical conduits and fittings, armored cables and fittings, and cable trays and mounting systems and fittings.
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