Sturm Ruger & Company Inc (NYSE:RGR) Hits New 1-Year Low at $41.17

Sturm Ruger & Company Inc (NYSE:RGR)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $41.17 and last traded at $41.54, with a volume of 3885 shares trading hands. The stock had previously closed at $42.43.

Separately, TheStreet cut shares of Sturm Ruger & Company Inc from a “b-” rating to a “c” rating in a report on Wednesday, August 7th.

The company has a debt-to-equity ratio of 0.01, a current ratio of 5.13 and a quick ratio of 4.17. The business has a 50-day moving average price of $51.88. The company has a market cap of $747.67 million, a P/E ratio of 18.59 and a beta of 0.40.

Sturm Ruger & Company Inc (NYSE:RGR) last issued its earnings results on Wednesday, July 31st. The company reported $0.35 earnings per share for the quarter. Sturm Ruger & Company Inc had a net margin of 9.13% and a return on equity of 15.26%. The company had revenue of $96.33 million for the quarter.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.14 per share. The ex-dividend date is Wednesday, August 14th. This represents a $0.56 annualized dividend and a yield of 1.35%.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its position in shares of Sturm Ruger & Company Inc by 1,572.0% in the first quarter. Rockefeller Capital Management L.P. now owns 1,672 shares of the company’s stock valued at $89,000 after purchasing an additional 1,572 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Sturm Ruger & Company Inc by 1.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 12,672 shares of the company’s stock valued at $672,000 after purchasing an additional 209 shares during the last quarter. Texas Permanent School Fund grew its position in shares of Sturm Ruger & Company Inc by 3.8% in the first quarter. Texas Permanent School Fund now owns 11,854 shares of the company’s stock valued at $628,000 after purchasing an additional 430 shares during the last quarter. Capital Investment Advisory Services LLC grew its position in shares of Sturm Ruger & Company Inc by 122.4% in the first quarter. Capital Investment Advisory Services LLC now owns 545 shares of the company’s stock valued at $29,000 after purchasing an additional 300 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Sturm Ruger & Company Inc in the fourth quarter valued at approximately $18,959,000. Institutional investors own 76.72% of the company’s stock.

About Sturm Ruger & Company Inc (NYSE:RGR)

Sturm, Ruger & Company, Inc designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates in two segments, Firearms and Castings. It offers single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts.

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