Sturm, Ruger & Company, Inc. (NYSE:RGR) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Sturm, Ruger & Company, Inc. (NYSE:RGR)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $36.59 and traded as high as $38.47. Sturm, Ruger & Company, Inc. shares last traded at $38.0240, with a volume of 207,696 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Sturm, Ruger & Company, Inc. in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Sturm, Ruger & Company, Inc. Stock Performance

The stock has a market capitalization of $611.14 million, a P/E ratio of 294.92 and a beta of 0.20. The stock’s fifty day simple moving average is $34.72 and its two-hundred day simple moving average is $36.62.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.26). The business had revenue of $126.77 million for the quarter, compared to the consensus estimate of $124.22 million. Sturm, Ruger & Company, Inc. had a net margin of 0.48% and a return on equity of 8.76%. Sturm, Ruger & Company, Inc.’s revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 EPS. As a group, analysts expect that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sturm, Ruger & Company, Inc.

Institutional investors have recently made changes to their positions in the stock. UBS Group AG increased its stake in shares of Sturm, Ruger & Company, Inc. by 31.1% in the third quarter. UBS Group AG now owns 514,510 shares of the company’s stock valued at $22,366,000 after buying an additional 122,111 shares during the period. Wellington Management Group LLP increased its position in Sturm, Ruger & Company, Inc. by 6.2% during the 3rd quarter. Wellington Management Group LLP now owns 492,429 shares of the company’s stock valued at $21,406,000 after purchasing an additional 28,549 shares during the period. American Century Companies Inc. increased its position in Sturm, Ruger & Company, Inc. by 27.1% during the 2nd quarter. American Century Companies Inc. now owns 202,284 shares of the company’s stock valued at $7,262,000 after purchasing an additional 43,079 shares during the period. Two Sigma Investments LP raised its holdings in Sturm, Ruger & Company, Inc. by 118.7% during the 3rd quarter. Two Sigma Investments LP now owns 198,936 shares of the company’s stock worth $8,648,000 after purchasing an additional 107,977 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Sturm, Ruger & Company, Inc. by 67.9% in the 2nd quarter. AQR Capital Management LLC now owns 169,287 shares of the company’s stock worth $6,077,000 after purchasing an additional 68,453 shares during the period. Institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Company, Inc, founded in 1949 by William B. Ruger and Alexander McCormick Sturm, is a leading American designer and manufacturer of firearms. Headquartered in Newport, New Hampshire, the company has established a reputation for precision engineering and durable products. Its manufacturing footprint includes facilities in Newport and Mayodan, North Carolina, where it maintains a vertically integrated production model spanning metallurgy, machining, and assembly.

The company’s product portfolio encompasses a broad range of small arms, including centerfire and rimfire rifles, shotguns, semi-automatic pistols, revolvers, and accessories.