Shares of Black Box Corp. (NASDAQ:BBOX) shot up 3.2% on Monday . The stock traded as high as $14.13 and last traded at $14.09, with a volume of 59,725 shares changing hands. The stock had previously closed at $13.65.

The company’s market cap is $208.90 million. The firm’s 50 day moving average is $13.27 and its 200-day moving average is $12.52.

Black Box Corp. (NASDAQ:BBOX) last announced its earnings results on Tuesday, May 10th. The company reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.26 by $0.12. During the same period in the prior year, the company posted $0.46 earnings per share. The business had revenue of $224.10 million for the quarter, compared to analyst estimates of $218.41 million. The company’s revenue was down 8.6% compared to the same quarter last year. On average, equities analysts expect that Black Box Corp. will post $1.15 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Friday, July 1st were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, June 29th. This represents a $0.48 dividend on an annualized basis and a yield of 3.45%.

A hedge fund recently raised its stake in Black Box Corp. stock. First Trust Advisors LP raised its position in shares of Black Box Corp. (NASDAQ:BBOX) by 34.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 169,850 shares of the company’s stock after buying an additional 43,437 shares during the period. First Trust Advisors LP owned approximately 1.10% of Black Box Corp. worth $1,619,000 as of its most recent SEC filing.

Black Box Corporation is a technology solutions provider. The Company is engaged in designing, building, managing and securing the information technology (IT) infrastructure. Offerings under the Company’s Products platform include IT infrastructure, specialty networking, multimedia and keyboard/video/mouse (KVM) switching.

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's FREE daily email newsletter.