Off The Hook Ys (NYSEAMERICAN:NXB) Trading Up 2.3% – Here’s Why

Off The Hook Ys Inc. (NYSEAMERICAN:NXB)’s share price was up 2.3% during trading on Thursday . The company traded as high as $2.2242 and last traded at $2.18. 18,570 shares were traded during trading, a decline of 60% from the average daily volume of 46,786 shares. The stock had previously closed at $2.13.

Off The Hook Ys Price Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.14 and a current ratio of 1.10. The firm has a fifty day simple moving average of $2.14 and a two-hundred day simple moving average of $2.45.

Off The Hook Ys (NYSEAMERICAN:NXB) last issued its quarterly earnings data on Thursday, May 14th. The company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $29.84 million during the quarter.

Insider Buying and Selling at Off The Hook Ys

In other news, CEO Brian John sold 120,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $2.41, for a total value of $289,200.00. Following the sale, the chief executive officer directly owned 1,133,350 shares in the company, valued at $2,731,373.50. The trade was a 9.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Jason Daniel Ruegg sold 475,000 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $2.00, for a total transaction of $950,000.00. Following the sale, the chairman owned 10,775,000 shares in the company, valued at $21,550,000. This represents a 4.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 600,000 shares of company stock valued at $1,252,400 in the last quarter. 66.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Off The Hook Ys

Several large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in Off The Hook Ys during the fourth quarter valued at approximately $35,000. Geode Capital Management LLC bought a new position in shares of Off The Hook Ys during the 4th quarter valued at approximately $42,000. Millennium Management LLC bought a new position in shares of Off The Hook Ys during the 4th quarter valued at approximately $52,000. Finally, HRT Financial LP purchased a new stake in Off The Hook Ys during the 4th quarter valued at $58,000.

About Off The Hook Ys

We are a premier yacht and boat dealership specializing in the buying, selling, and wholesaling of yachts and boats. Founded in 2012 by Jason Ruegg, OTHYS has grown into one of the largest marine wholesaler in the industry, recognized for its innovation, expertise, and expansive operations. Over the past decade, we believe OTHYS has become a nationally recognized leader in the marine industry, earning numerous accolades. The company has been named one of the 500 fastest-growing companies in the United States by Inc 500 and is consistently ranked as a Top 100 Dealer in the USA by Boating Industry, a magazine for boating professionals.