CSW Industrials Inc (NASDAQ:CSWI) Chairman Joseph B. Armes sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $56.07, for a total transaction of $280,350.00. Following the completion of the sale, the chairman now directly owns 61,345 shares in the company, valued at approximately $3,439,614.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of NASDAQ:CSWI opened at $57.17 on Friday. The company has a market capitalization of $859.24 million, a P/E ratio of 22.62 and a beta of 1.27. CSW Industrials Inc has a fifty-two week low of $41.50 and a fifty-two week high of $57.66. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.67 and a current ratio of 2.81.
CSW Industrials (NASDAQ:CSWI) last issued its earnings results on Tuesday, February 5th. The basic materials company reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.05. The firm had revenue of $77.50 million for the quarter, compared to analysts’ expectations of $73.13 million. CSW Industrials had a net margin of 11.15% and a return on equity of 15.05%. The firm’s revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.17 earnings per share.
Separately, BidaskClub raised shares of CSW Industrials from a “sell” rating to a “hold” rating in a report on Friday, February 8th.
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CSW Industrials Company Profile
CSW Industrials, Inc operates as a diversified industrial company in the United States and internationally. The company operates through two segments, Industrial Products and Specialty Chemicals. The Industrial Products segment offers specialty mechanical products; fire and smoke protection products; architecturally-specified building products; and storage, filtration, and application equipment for use with specialty chemicals and other products.
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