Shares of Sturm Ruger & Co. (NYSE:RGR) fell 1.7% during mid-day trading on Friday . The stock traded as low as $62.83 and last traded at $62.90, with a volume of 83,670 shares. The stock had previously closed at $63.98.

A number of brokerages have weighed in on RGR. Zacks Investment Research downgraded shares of Sturm Ruger & Co. from a “hold” rating to a “strong sell” rating in a report on Friday, June 10th. BB&T Corp. downgraded shares of Sturm Ruger & Co. from a “buy” rating to a “hold” rating in a report on Monday, June 6th.

The firm’s 50 day moving average price is $66.80 and its 200 day moving average price is $66.60. The company has a market capitalization of $1.19 billion and a PE ratio of 15.94.

Sturm Ruger & Co. (NYSE:RGR) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $1.22 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.15 by $0.07. The firm had revenue of $167.90 million for the quarter, compared to the consensus estimate of $164.30 million. On average, analysts predict that Sturm Ruger & Co. will post $3.78 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 26th. Investors of record on Friday, August 12th will be given a dividend of $0.49 per share. The ex-dividend date of this dividend is Wednesday, August 10th. This is a boost from Sturm Ruger & Co.’s previous quarterly dividend of $0.48. This represents a $1.96 annualized dividend and a yield of 3.13%.

Sturm, Ruger & Company, Inc and subsidiary, is engaged in the design, manufacture and sale of firearms to domestic customers. The Company operates through two segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols and revolvers to a range of federally licensed, independent wholesale distributors located in the United States.

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