Black Box Corp. (BBOX) Stock Price Up 1.8%
Black Box Corp. (NASDAQ:BBOX)’s share price rose 1.8% during trading on Wednesday . The stock traded as high as $14.30 and last traded at $14.29, with a volume of 67,563 shares changing hands. The stock had previously closed at $14.04.
The company’s market cap is $216.46 million. The company’s 50-day moving average is $13.70 and its 200-day moving average is $13.20.
Black Box Corp. (NASDAQ:BBOX) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.09. The business earned $218.50 million during the quarter, compared to analyst estimates of $218.03 million. Black Box Corp.’s revenue was down 4.7% on a year-over-year basis. During the same period last year, the company earned $0.22 earnings per share. Equities analysts forecast that Black Box Corp. will post $0.75 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Friday, September 30th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 3.36%. The ex-dividend date is Wednesday, September 28th.
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.
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