Novume Solutions Inc (NASDAQ:NVMM) Director Glenn S. Goord purchased 30,000 shares of the business’s stock in a transaction on Friday, November 16th. The stock was acquired at an average price of $0.78 per share, with a total value of $23,400.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of NVMM opened at $0.68 on Tuesday. The company has a current ratio of 1.15, a quick ratio of 1.14 and a debt-to-equity ratio of 1.25. Novume Solutions Inc has a fifty-two week low of $0.60 and a fifty-two week high of $5.50.

Novume Solutions (NASDAQ:NVMM) last issued its quarterly earnings results on Tuesday, November 13th. The company reported ($0.05) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.03. The company had revenue of $13.15 million during the quarter, compared to the consensus estimate of $14.60 million. Novume Solutions had a negative return on equity of 276.82% and a negative net margin of 14.30%. Analysts predict that Novume Solutions Inc will post -0.29 EPS for the current year.

Separately, Zacks Investment Research downgraded Novume Solutions from a “buy” rating to a “hold” rating in a report on Thursday, October 18th.

An institutional investor recently bought a new position in Novume Solutions stock. Stanley Laman Group Ltd. purchased a new stake in Novume Solutions Inc (NASDAQ:NVMM) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 315,625 shares of the company’s stock, valued at approximately $385,000. Stanley Laman Group Ltd. owned about 2.17% of Novume Solutions as of its most recent filing with the SEC. 2.91% of the stock is currently owned by hedge funds and other institutional investors.

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Novume Solutions Company Profile

Novume Solutions, Inc, through its subsidiaries, provides consulting and technical support services to government contracting market in the United States. It offers market intelligence and opportunity identification, capture and strategic advisory, proposal strategy and development, teaming support, and managed human capital services to assist government contractors.

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