Escalade (NASDAQ:ESCA) Stock Price Passes Above Two Hundred Day Moving Average of $11.37

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Shares of Escalade, Inc. (NASDAQ:ESCA) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.37 and traded as high as $11.20. Escalade shares last traded at $11.07, with a volume of 3 shares.

The firm has a market cap of $159.58 million, a P/E ratio of 16.45 and a beta of 0.32. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.82 and a current ratio of 5.87. The firm’s fifty day moving average is $10.70 and its 200 day moving average is $11.36.

Escalade (NASDAQ:ESCA) last announced its earnings results on Wednesday, August 7th. The company reported $0.13 EPS for the quarter. The business had revenue of $55.64 million during the quarter. Escalade had a net margin of 5.09% and a return on equity of 7.31%.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Monday, September 9th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 4.53%. The ex-dividend date of this dividend is Friday, September 6th.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. North Star Investment Management Corp. boosted its holdings in Escalade by 6.1% in the 2nd quarter. North Star Investment Management Corp. now owns 525,865 shares of the company’s stock valued at $6,032,000 after purchasing an additional 30,110 shares during the period. Beddow Capital Management Inc. boosted its holdings in Escalade by 0.9% in the 2nd quarter. Beddow Capital Management Inc. now owns 447,213 shares of the company’s stock valued at $5,130,000 after purchasing an additional 4,040 shares during the period. Northern Trust Corp boosted its holdings in Escalade by 1.6% in the 2nd quarter. Northern Trust Corp now owns 124,414 shares of the company’s stock valued at $1,427,000 after purchasing an additional 1,941 shares during the period. Bank of New York Mellon Corp boosted its holdings in Escalade by 1.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 100,206 shares of the company’s stock valued at $1,149,000 after purchasing an additional 1,055 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Escalade by 9.0% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 26,551 shares of the company’s stock valued at $305,000 after purchasing an additional 2,196 shares during the period. 28.73% of the stock is owned by hedge funds and other institutional investors.

Escalade Company Profile (NASDAQ:ESCA)

Escalade, Incorporated, together with its subsidiaries, manufactures and sells sporting goods in North America, Europe, and internationally. The company manufactures, imports, and distributes various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.

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