HG (OTCMKTS:STLY – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.11 earnings per share for the quarter, Zacks reports. HG had a net margin of 14.15% and a return on equity of 5.46%. The company had revenue of $4.08 million for the quarter.
HG Stock Down 2.9%
STLY stock traded down $0.10 during trading on Friday, reaching $3.40. The stock had a trading volume of 416 shares, compared to its average volume of 902. The company has a market capitalization of $17.17 million, a price-to-earnings ratio of 9.44 and a beta of 0.21. HG has a one year low of $2.91 and a one year high of $5.95. The company’s 50 day moving average is $3.65 and its two-hundred day moving average is $4.12.
HG Company Profile
HG Holdings, Inc. is a holding company that operates primarily through businesses in the property and casualty insurance industry. Its activities have included providing and managing insurance products designed to protect residential and other property owners against risks such as wind, storm, fire and other covered losses. The company has evolved from its former identity as Stanley Furniture, Inc., a furniture manufacturer established in the early twentieth century. Stanley Furniture produced bedroom, dining room, youth and home-office furnishings before shifting away from its traditional furniture operations and adopting the HG Holdings name as its business focus changed.
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