Hyster-Yale Materials Handling Inc (NYSE:HY) Chairman Alfred M. Et Al Rankin acquired 272 shares of the stock in a transaction on Monday, March 25th. The shares were bought at an average price of $61.92 per share, for a total transaction of $16,842.24. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.
HY traded down $0.24 on Friday, hitting $67.42. The company had a trading volume of 26,518 shares, compared to its average volume of 59,238. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.46 and a quick ratio of 0.77. Hyster-Yale Materials Handling Inc has a 52-week low of $55.88 and a 52-week high of $78.19. The firm has a market capitalization of $1.12 billion, a PE ratio of 38.09 and a beta of 0.95.
Hyster-Yale Materials Handling (NYSE:HY) last issued its quarterly earnings data on Tuesday, February 26th. The industrial products company reported ($0.07) EPS for the quarter. Hyster-Yale Materials Handling had a return on equity of 4.98% and a net margin of 1.09%. The company had revenue of $837.70 million during the quarter, compared to analysts’ expectations of $872.90 million. During the same quarter last year, the business earned $0.97 earnings per share. The business’s quarterly revenue was up 5.3% on a year-over-year basis.
Separately, TheStreet lowered Hyster-Yale Materials Handling from a “b-” rating to a “c+” rating in a research report on Wednesday, March 20th.
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About Hyster-Yale Materials Handling
Hyster-Yale Materials Handling, Inc, through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks. The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships.
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