Equities researchers at StockNews.com started coverage on shares of Steel Partners (NYSE:SPLP – Get Free Report) in a research note issued on Sunday. The firm set a “strong-buy” rating on the conglomerate’s stock.
Steel Partners Trading Down 0.5 %
SPLP opened at $40.22 on Friday. Steel Partners has a 12 month low of $34.55 and a 12 month high of $48.45. The stock has a market capitalization of $767.10 million, a price-to-earnings ratio of 4.12 and a beta of 1.37. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.27 and a quick ratio of 1.16. The business has a fifty day moving average price of $41.16 and a 200 day moving average price of $41.08.
Steel Partners (NYSE:SPLP – Get Free Report) last released its earnings results on Tuesday, March 11th. The conglomerate reported $3.40 EPS for the quarter. Steel Partners had a return on equity of 21.72% and a net margin of 11.43%. The firm had revenue of $497.92 million during the quarter.
Institutional Inflows and Outflows
About Steel Partners
Steel Partners Holdings L.P., together with its subsidiaries, engages in industrial products, energy, banking, defense, supply chain management, logistics, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, Financial Services, and Supply Chain segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications.
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