Collectors Universe Inc. (CLCT) Hits New 1-Year High at $21.97
Shares of Collectors Universe Inc. (NASDAQ:CLCT) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $21.97 and last traded at $21.92, with a volume of 15,266 shares changing hands. The stock had previously closed at $21.76.
The firm has a market capitalization of $196.47 million and a P/E ratio of 25.15. The stock’s 50 day moving average price is $20.20 and its 200-day moving average price is $17.82.
Collectors Universe (NASDAQ:CLCT) last posted its earnings results on Thursday, May 5th. The company reported $0.32 earnings per share (EPS) for the quarter. The firm earned $17.30 million during the quarter, compared to the consensus estimate of $16 million.
The company also recently announced a quarterly dividend, which will be paid on Friday, August 26th. Stockholders of record on Friday, August 12th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date is Wednesday, August 10th.
A hedge fund recently raised its stake in Collectors Universe stock. Royce & Associates LLC boosted its position in shares of Collectors Universe Inc. (NASDAQ:CLCT) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 158,500 shares of the company’s stock after buying an additional 10,000 shares during the period. Royce & Associates LLC owned about 1.78% of Collectors Universe worth $2,457,000 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.