Acadian Asset Management LLC Cuts Position in Global Sources Ltd. (GSOL)
Acadian Asset Management LLC cut its position in shares of Global Sources Ltd. (NASDAQ:GSOL) by 44.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 111,799 shares of the business services provider’s stock after selling 90,036 shares during the period. Acadian Asset Management LLC owned approximately 0.46% of Global Sources worth $2,235,000 as of its most recent filing with the SEC.
Shares of Global Sources Ltd. (GSOL) traded down 0.26% during midday trading on Monday, hitting $19.35. 10,569 shares of the stock were exchanged. Global Sources Ltd. has a 1-year low of $7.79 and a 1-year high of $21.80. The firm has a 50-day moving average of $19.92 and a 200-day moving average of $13.06. The company has a market capitalization of $468.70 million, a P/E ratio of 26.51 and a beta of 1.07.
TRADEMARK VIOLATION WARNING: This story was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://www.dailypolitical.com/2017/08/07/acadian-asset-management-llc-cuts-position-in-global-sources-ltd-gsol.html.
Separately, BidaskClub cut shares of Global Sources from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th.
About Global Sources
Global Sources Ltd. is a business-to-business (B2B) media company that provides information and integrated marketing services, with a particular focus on the Greater China market. The Company, together with its subsidiaries, provides services that allow global buyers to identify suppliers and products, and enable suppliers to market their products to a number of buyers.
Receive News & Ratings for Global Sources Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Sources Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.