Black Box Corp. (BBOX) Sees Strong Trading Volume
Shares of Black Box Corp. (NASDAQ:BBOX) saw strong trading volume on Wednesday . 71,630 shares were traded during mid-day trading, an increase of 18% from the previous session’s volume of 60,909 shares.The stock last traded at $14.03 and had previously closed at $14.29.
The stock’s market capitalization is $211.31 million. The firm has a 50 day moving average price of $13.81 and a 200-day moving average price of $13.39.
Black Box Corp. (NASDAQ:BBOX) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.22 by $0.09. The firm had revenue of $218.50 million for the quarter, compared to the consensus estimate of $218.03 million. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share. Analysts expect that Black Box Corp. will post $0.75 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, September 30th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.44%. 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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