CSW Industrials Inc (NASDAQ:CSWI) CEO Joseph B. Armes sold 2,500 shares of the company’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $74.83, for a total value of $187,075.00. Following the transaction, the chief executive officer now directly owns 50,520 shares in the company, valued at $3,780,411.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
NASDAQ:CSWI traded up $0.68 during mid-day trading on Wednesday, hitting $74.95. 44,038 shares of the company’s stock traded hands, compared to its average volume of 65,137. The firm has a 50 day moving average of $73.18 and a two-hundred day moving average of $68.92. CSW Industrials Inc has a 12 month low of $50.13 and a 12 month high of $81.06. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 24.56 and a beta of 0.79. The company has a current ratio of 2.84, a quick ratio of 1.74 and a debt-to-equity ratio of 0.04.
CSW Industrials (NASDAQ:CSWI) last announced its quarterly earnings data on Monday, August 3rd. The basic materials company reported $0.81 EPS for the quarter, topping the Zacks’ consensus estimate of $0.58 by $0.23. CSW Industrials had a return on equity of 16.09% and a net margin of 11.38%. The company had revenue of $90.96 million during the quarter.
Separately, BidaskClub raised CSW Industrials from a “sell” rating to a “hold” rating in a report on Wednesday, September 9th.
CSW Industrials Company Profile
CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. The company operates through two segments, Industrial Products and Specialty Chemicals. The Industrial Products segment offers specialty mechanical products; fire and smoke protection products; architecturally-specified building products; and storage, filtration, and application equipment for use with specialty chemicals and other products.
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