Heritage Global (HGBL) Set to Announce Earnings on Thursday

Heritage Global (NASDAQ:HGBL) is scheduled to release its earnings data after the market closes on Thursday, May 9th. Persons interested in listening to the company’s earnings conference call can do so using this link.

Heritage Global (NASDAQ:HGBL) last announced its quarterly earnings results on Thursday, March 14th. The company reported $0.13 earnings per share (EPS) for the quarter. Heritage Global had a net margin of 20.60% and a return on equity of 23.50%. The company had revenue of $15.28 million for the quarter.

Heritage Global Stock Down 4.3 %

Shares of NASDAQ HGBL opened at $2.43 on Wednesday. The firm has a market cap of $90.74 million, a P/E ratio of 7.36 and a beta of 1.24. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.44 and a current ratio of 1.78. Heritage Global has a 1 year low of $2.33 and a 1 year high of $4.08. The firm’s 50 day moving average price is $2.68 and its 200 day moving average price is $2.80.

About Heritage Global

Heritage Global Inc, together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services.