Collectors Universe (CLCT) Reaches New 12-Month Low at $17.85

Collectors Universe, Inc. (NASDAQ:CLCT)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as $17.85 and last traded at $17.85, with a volume of 535985 shares traded. The stock had previously closed at $26.54.

Separately, BidaskClub raised shares of Collectors Universe from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 22nd.

The company has a quick ratio of 1.26, a current ratio of 1.50 and a debt-to-equity ratio of 0.06. The stock has a market cap of $229.27, a PE ratio of 21.75 and a beta of 0.72.

In other news, President David G. Hall sold 6,500 shares of the stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $26.42, for a total transaction of $171,730.00. Following the transaction, the president now owns 423,499 shares of the company’s stock, valued at $11,188,843.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President David G. Hall sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $26.07, for a total transaction of $521,400.00. Following the completion of the transaction, the president now directly owns 423,499 shares in the company, valued at approximately $11,040,618.93. The disclosure for this sale can be found here. Company insiders own 14.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC lifted its holdings in Collectors Universe by 2.1% in the second quarter. Renaissance Technologies LLC now owns 731,119 shares of the business services provider’s stock worth $18,168,000 after acquiring an additional 14,700 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Collectors Universe by 1.4% in the second quarter. Vanguard Group Inc. now owns 291,853 shares of the business services provider’s stock worth $7,252,000 after acquiring an additional 3,929 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Collectors Universe by 2.3% in the third quarter. Dimensional Fund Advisors LP now owns 281,307 shares of the business services provider’s stock worth $6,743,000 after acquiring an additional 6,198 shares during the last quarter. FMR LLC bought a new position in Collectors Universe in the second quarter worth about $5,725,000. Finally, Pembroke Management LTD lifted its holdings in Collectors Universe by 7.8% in the fourth quarter. Pembroke Management LTD now owns 142,800 shares of the business services provider’s stock worth $4,089,000 after acquiring an additional 10,300 shares during the last quarter. 45.68% of the stock is currently owned by hedge funds and other institutional investors.

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About Collectors Universe

Collectors Universe, Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). The Company operates through three segments: coins, trading cards and autographs, and other collectibles.

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