Town Sports International Holdings, Inc. (CLUB) SVP Nitin Ajmera Sells 15,728 Shares of Stock
Town Sports International Holdings, Inc. (NASDAQ:CLUB) SVP Nitin Ajmera sold 15,728 shares of the firm’s stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $9.36, for a total transaction of $147,214.08. Following the completion of the sale, the senior vice president now owns 36,258 shares of the company’s stock, valued at approximately $339,374.88. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Shares of Town Sports International stock traded down $0.05 during trading on Friday, hitting $9.70. The stock had a trading volume of 10,759 shares, compared to its average volume of 173,499. The firm has a market capitalization of $267.83 million, a PE ratio of -57.94 and a beta of 2.44. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of -2.58. Town Sports International Holdings, Inc. has a 12 month low of $5.00 and a 12 month high of $14.85.
Town Sports International (NASDAQ:CLUB) last released its earnings results on Friday, July 27th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.02). The firm had revenue of $112.33 million for the quarter, compared to analysts’ expectations of $110.71 million. sell-side analysts predict that Town Sports International Holdings, Inc. will post 0.15 earnings per share for the current fiscal year.
Several equities research analysts have recently issued reports on the stock. ValuEngine lowered shares of Town Sports International from a “strong-buy” rating to a “buy” rating in a report on Friday, August 3rd. Zacks Investment Research lowered shares of Town Sports International from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd. Imperial Capital raised their target price on shares of Town Sports International to $13.00 and gave the stock an “outperform” rating in a report on Monday, May 21st. Finally, BidaskClub upgraded shares of Town Sports International from a “buy” rating to a “strong-buy” rating in a report on Friday, May 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $12.00.
About Town Sports International
Town Sports International Holdings, Inc, together with its subsidiaries, owns and operates fitness clubs in the Northeast and Mid-Atlantic regions of the United States. The company's clubs offer special purpose rooms for group fitness classes; and other exercise programs, as well as accommodate cardiovascular and strength-training equipment.
Recommended Story: Book Value Per Share in Stock Trading
Receive News & Ratings for Town Sports International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Town Sports International and related companies with MarketBeat.com's FREE daily email newsletter.