Heritage Global (HGBL) Set to Announce Earnings on Thursday

Heritage Global (NASDAQ:HGBL) is set to issue its quarterly earnings data after the market closes on Thursday, November 7th. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Heritage Global (NASDAQ:HGBL) last issued its earnings results on Thursday, August 8th. The company reported $0.07 EPS for the quarter, hitting analysts’ consensus estimates of $0.07. The firm had revenue of $12.02 million for the quarter. Heritage Global had a return on equity of 19.14% and a net margin of 20.29%.

Heritage Global Stock Down 2.3 %

Shares of HGBL stock opened at $1.68 on Thursday. The company has a current ratio of 1.99, a quick ratio of 1.76 and a debt-to-equity ratio of 0.07. Heritage Global has a twelve month low of $1.52 and a twelve month high of $3.53. The stock has a 50 day moving average of $1.68 and a 200 day moving average of $2.12. The stock has a market cap of $62.73 million, a P/E ratio of 5.60 and a beta of 1.19.

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.