Black Box Corp. (BBOX) Shares Up 2.2%
Shares of Black Box Corp. (NASDAQ:BBOX) shot up 2.2% on Thursday . The company traded as high as $14.31 and last traded at $14.25, with a volume of 70,194 shares trading hands. The stock had previously closed at $13.95.
The firm’s 50 day moving average price is $13.85 and its 200 day moving average price is $13.41. The company’s market cap is $224.04 million.
Black Box Corp. (NASDAQ:BBOX) last issued its earnings results on Tuesday, August 2nd. The company reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.09. The firm earned $218.50 million during the quarter, compared to the consensus estimate of $218.03 million. During the same period in the prior year, the company earned $0.22 EPS. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. On average, equities analysts anticipate that Black Box Corp. will post $0.75 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, September 30th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, September 28th. This represents a $0.48 annualized dividend and a dividend yield of 3.25%.
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.