Sturm Ruger & Company Inc (NYSE:RGR)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $40.50 and last traded at $40.60, with a volume of 3989 shares trading hands. The stock had previously closed at $40.70.

Separately, TheStreet downgraded shares of Sturm Ruger & Company Inc from a “b-” rating to a “c” rating in a research report on Wednesday, August 7th.

The company has a current ratio of 5.13, a quick ratio of 4.17 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average is $50.09 and its 200-day moving average is $52.80. The company has a market cap of $725.99 million, a price-to-earnings ratio of 18.05 and a beta of 0.40.

Sturm Ruger & Company Inc (NYSE:RGR) last released its earnings results on Wednesday, July 31st. The company reported $0.35 earnings per share (EPS) for the quarter. Sturm Ruger & Company Inc had a net margin of 9.13% and a return on equity of 15.26%. The company had revenue of $96.33 million for the quarter.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.38%.

Several institutional investors have recently added to or reduced their stakes in the stock. Capital Investment Advisory Services LLC lifted its position in Sturm Ruger & Company Inc by 122.4% in the 1st quarter. Capital Investment Advisory Services LLC now owns 545 shares of the company’s stock valued at $29,000 after acquiring an additional 300 shares in the last quarter. SRS Capital Advisors Inc. acquired a new position in Sturm Ruger & Company Inc during the 2nd quarter valued at about $32,000. NEXT Financial Group Inc increased its holdings in Sturm Ruger & Company Inc by 109.8% during the 2nd quarter. NEXT Financial Group Inc now owns 709 shares of the company’s stock worth $39,000 after purchasing an additional 371 shares in the last quarter. Doyle Wealth Management bought a new stake in Sturm Ruger & Company Inc during the 2nd quarter worth approximately $49,000. Finally, Rockefeller Capital Management L.P. increased its holdings in Sturm Ruger & Company Inc by 1,572.0% during the 1st quarter. Rockefeller Capital Management L.P. now owns 1,672 shares of the company’s stock worth $89,000 after purchasing an additional 1,572 shares in the last quarter. Institutional investors own 74.88% of the company’s stock.

About Sturm Ruger & Company Inc (NYSE:RGR)

Sturm, Ruger & Company, Inc designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates in two segments, Firearms and Castings. It offers single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts.

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