when earnings decline the best action when no plan laid out by the company on how to restore the growth is to exit the stock. The smart money got out quick.
The current dividend with a payout ratio of about 73% may not be sustainable (unlikely) at current levels if you strip out the nearly $9 million in one off significant items from the closure of the automotive plant from earnings.
Note that the revenues have not increased in 3 years while profits did. Now that profits are at best stagnating and no new businesses then what is the incentive to own this stock?
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$10.07 |
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Mkt cap ! $1.418B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 455 | $10.07 |
Sellers (Offers)
Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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1 | 10 | 9.950 |
1 | 673 | 9.910 |
2 | 400 | 9.900 |
3 | 1512 | 9.800 |
2 | 250 | 9.780 |
Price($) | Vol. | No. |
---|---|---|
10.350 | 2386 | 1 |
10.510 | 1974 | 1 |
10.650 | 925 | 1 |
10.670 | 2000 | 1 |
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