Servotronics, Inc. (NYSEAMERICAN:SVT – Get Rating) Director Evan H. Wax acquired 1,100 shares of the company’s stock in a transaction on Thursday, November 17th. The shares were bought at an average cost of $11.05 per share, with a total value of $12,155.00. Following the acquisition, the director now directly owns 16,818 shares in the company, valued at $185,838.90. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Servotronics Stock Performance
Shares of NYSEAMERICAN:SVT opened at $11.32 on Tuesday. The company has a quick ratio of 2.55, a current ratio of 5.40 and a debt-to-equity ratio of 0.01. Servotronics, Inc. has a 12 month low of $9.47 and a 12 month high of $14.90.
Wall Street Analyst Weigh In
Separately, TheStreet raised shares of Servotronics from a “c+” rating to a “b-” rating in a report on Tuesday, August 30th.
Servotronics Company Profile
Servotronics, Inc engages in designing, manufacturing, and marketing of advanced technology products consisting primarily of control components and consumer products consisting of knives and various types of cutlery and other edged products. It operates through the Advanced Technology Group (ATG) and Consumer Products Group (CPG) segments.
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