Ranger Bermuda Topco (NASDAQ:KG) Posts Earnings Results

Ranger Bermuda Topco (NASDAQ:KG) announced its earnings results on Friday. The company reported ($1.55) EPS for the quarter, FiscalAI reports. Ranger Bermuda Topco had a negative net margin of 86.05% and a negative return on equity of 31.83%. The business had revenue of $4.76 million for the quarter.

Ranger Bermuda Topco Trading Up 4.2%

KG stock traded up $0.17 during trading on Friday, reaching $4.32. The company had a trading volume of 7,062 shares, compared to its average volume of 15,552. Ranger Bermuda Topco has a 52 week low of $3.84 and a 52 week high of $19.28. The company has a market cap of $33.74 million, a P/E ratio of -0.88 and a beta of 0.78. The business has a 50 day moving average of $5.42 and a 200 day moving average of $9.33. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.70 and a quick ratio of 0.70.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Ranger Bermuda Topco in a research report on Thursday, August 27th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, Ranger Bermuda Topco currently has a consensus rating of “Sell”.

About Ranger Bermuda Topco

Ranger Bermuda Topco Limited operates through its subsidiaries under The Kinetic Group name, a manufacturer of ammunition and related shooting products. Its portfolio includes established brands such as Federal Premium, Remington, CCI, Speer and HEVI-Shot.

The company serves consumer, hunting, sport-shooting, law-enforcement and military markets. Its products include centerfire and rimfire ammunition, shotshells, primers and other specialized ammunition products, which are sold through sporting-goods retailers, distributors and other commercial channels.

The Kinetic Group was formed from the sporting-products business formerly owned by Vista Outdoor and became part of Czechoslovak Group following the completion of that business combination.