Separately, StockNews.com began coverage on shares of Eastern in a report on Saturday. They set a “buy” rating on the stock.
Eastern Stock Up 3.1 %
EML stock opened at $19.65 on Thursday. The firm’s fifty day simple moving average is $20.87 and its 200-day simple moving average is $21.79. The company has a market capitalization of $122.22 million, a P/E ratio of 7.28 and a beta of 0.86. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.97 and a quick ratio of 1.48. Eastern has a 12 month low of $19.00 and a 12 month high of $28.32.
Institutional Inflows and Outflows
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally. It offers turnkey returnable packaging solutions that are used in the assembly process of vehicles, aircraft, and durable goods, as well as in the production process of plastic packaging products, packaged consumer goods, and pharmaceuticals; designs and manufactures blow mold tools and injection blow mold tooling products, and 2-step stretch blow molds and related components; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industry.
- Get a free copy of the StockNews.com research report on Eastern (EML)
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