Company shares are trading at $103.05 which is marginally over $95.03, the 50 day moving average and significantly higher than the 200 day moving average of $92.96. The 50 day moving average went up by +8.44% and the 200 day average went up $10.09 or +10.85%. Trading volume for Standex International Corporati was 27K on Wednesday. Volume was down 50.33% under the stocks average daily volume.
Investors are a little more bearish on shares of Standex International Corporati lately if you take into consideration the uptick in short interest. The firm realized a rise in short interest of 18.81% as of August 31, 2017 from the last reporting period. Short interest increased from 138,178 to 164,165 over that period. With short interest at 164,165 and short average daily volume at 39,289, days to cover is 4.0 and the percentage of shorted shares is 0.01% as of August 31.
Additionally, here are a few investment firms who have increased or decreased their stake in (SXI). Janus Capital Management LLC added to its investment by buying 74,820 shares an increase of 42.1% as of 03/31/2017. Janus Capital Management LLC currently owns 252,453 shares with a value of $25,283,000. The total value of its holdings increased 62.0%. William Blair Investment Management, LLC downsized its stake by shedding 25,962 shares a decrease of 11.3% in the quarter. William Blair Investment Management, LLC owns 202,932 shares worth $18,406,000. The value of the position overall is down by 19.7%.
Ubs Group Ag divested its position by shedding 341 shares a decrease of 83.0% from 03/31/2017 to 06/30/2017. Ubs Group Ag controls 70 shares valued at $6,000. The value of the position overall is down by 85.4%. As of the end of the quarter Copeland Capital Management, LLC had bought a total of 53,894 shares growing its position 83.1%. The value of the investment in (SXI) increased from $6,227,000 to $10,772,000 a change of $4,545,000 quarter to quarter.
The company is unchanged by % percent from yesterday’s close. Additionally the company announced a dividend paid on Thursday the 24th of August 2017. The dividend payment was $0.160 per share for the quarter or $0.64 on an annualized basis. The dividend yield was $0.64. The ex-dividend date was set for Thursday the 3rd of August 2017.
The company’s P/E ratio is 28.26 and the market value is 1.32B. In the last earnings report the EPS was $3.65 and is estimated to be $5.07 for the current year with 12,775,000 shares currently outstanding. Next quarter’s EPS is estimated at $1.00 with next year’s EPS anticipated to be $5.72.
Standex International Corporation, launched on May 22, 1975, is a diversified manufacturing company. The Company is a manufacturer of a range of products and services for diverse commercial and industrial market segments. The Company has 11 operating segments, aggregated and organized into five segments: Food Service Equipment, Engraving, Engineering Technologies, Electronics and Hydraulics. The Company has operations in the United States, Europe, Asia, Africa and Latin America..