Lifetime Brands Inc (NASDAQ:LCUT) Director Michael J. Jeary sold 5,087 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $6.45, for a total transaction of $32,811.15. Following the completion of the transaction, the director now owns 83,113 shares in the company, valued at $536,078.85. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Shares of LCUT stock opened at $6.52 on Monday. The firm’s 50 day moving average price is $7.41 and its 200-day moving average price is $8.35. The company has a debt-to-equity ratio of 1.87, a quick ratio of 1.21 and a current ratio of 2.79. Lifetime Brands Inc has a one year low of $6.25 and a one year high of $12.40. The firm has a market cap of $138.59 million, a P/E ratio of 23.29, a P/E/G ratio of 0.99 and a beta of 1.24.
Several equities analysts have recently commented on LCUT shares. DA Davidson started coverage on shares of Lifetime Brands in a report on Tuesday, October 15th. They issued a “neutral” rating and a $9.00 price objective on the stock. ValuEngine upgraded shares of Lifetime Brands from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research lowered shares of Lifetime Brands from a “buy” rating to a “strong sell” rating in a report on Wednesday, November 13th. Finally, TheStreet lowered shares of Lifetime Brands from a “c-” rating to a “d+” rating in a report on Thursday, August 15th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $9.00.
About Lifetime Brands
Lifetime Brands, Inc designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The company operates through two segments, U.S. and International. It offers kitchenware products, including kitchen tools and gadgets, cutlery, cutting boards, shears, cookware, pantryware, spice racks, and bakeware, as well as kitchen scales; and tableware products comprising dinnerware, stemware, flatware, and giftware.
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