Ross Dove Buys 15,000 Shares of Heritage Global Inc (HGBL) Stock

Heritage Global Inc (OTCMKTS:HGBL) CEO Ross Dove bought 15,000 shares of Heritage Global stock in a transaction that occurred on Friday, September 14th. The stock was purchased at an average cost of $0.70 per share, with a total value of $10,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Heritage Global stock remained flat at $$0.70 during midday trading on Friday. 126,588 shares of the company traded hands, compared to its average volume of 28,671. The stock has a market cap of $19.01 million, a price-to-earnings ratio of 5.91 and a beta of -0.15. Heritage Global Inc has a one year low of $0.30 and a one year high of $0.70. The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 0.09.

Heritage Global (OTCMKTS:HGBL) last released its earnings results on Monday, August 6th. The business services provider reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $6.82 million during the quarter. Heritage Global had a net margin of 11.64% and a return on equity of 59.95%.

About Heritage Global

Heritage Global Inc, through its subsidiaries, engages in the asset liquidation business. It provides auction, appraisal, and asset advisory services; mergers and acquisitions advisory services for financially distressed businesses and properties; and accounts receivable brokerage services, as well as purchases and sells industrial machinery and equipment, real estate, inventories, accounts receivable, and distressed debts.

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