Collectors Universe Inc. (CLCT) Reaches New 52-Week High at $21.56
Collectors Universe Inc. (NASDAQ:CLCT) shares reached a new 52-week high during trading on Friday . The stock traded as high as $21.56 and last traded at $21.53, with a volume of 30,127 shares. The stock had previously closed at $20.63.
The company has a 50-day moving average of $19.85 and a 200-day moving average of $17.57. The company has a market cap of $191.40 million and a P/E ratio of 24.50.
Collectors Universe (NASDAQ:CLCT) last announced its quarterly earnings results on Thursday, May 5th. The company reported $0.32 EPS for the quarter. The company earned $17.30 million during the quarter, compared to analysts’ expectations of $16 million.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 26th. Shareholders of record on Friday, August 12th will be paid a $0.35 dividend. The ex-dividend date is Wednesday, August 10th. This represents a $1.40 annualized dividend and a yield of 6.51%.
A hedge fund recently raised its stake in Collectors Universe stock. Morgan Stanley increased its stake in shares of Collectors Universe Inc. (NASDAQ:CLCT) by 33.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,443 shares of the company’s stock after buying an additional 22,337 shares during the period. Morgan Stanley owned approximately 1.01% of Collectors Universe worth $1,386,000 at the end of the most recent reporting period.
Collectors Universe, Inc provides authentication and grading services to dealers and collectors of coins, trading cards, event tickets, autographs and historical and sports memorabilia (collectibles). The Company operates through three segments: coins, trading cards and autographs, and other high-end collectibles.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.