Ranger Bermuda Topco (NASDAQ:KG) Posts Quarterly Earnings Results

Ranger Bermuda Topco (NASDAQ:KG) posted its quarterly earnings results on Friday. The company reported ($1.55) EPS for the quarter, FiscalAI reports. The firm had revenue of $4.76 million for the quarter. Ranger Bermuda Topco had a negative net margin of 86.05% and a negative return on equity of 31.83%.

Ranger Bermuda Topco Stock Performance

Shares of NASDAQ KG opened at $4.32 on Friday. The firm’s 50-day moving average price is $5.42 and its 200-day moving average price is $9.33. Ranger Bermuda Topco has a 52-week low of $3.84 and a 52-week high of $19.28. The company has a market cap of $33.76 million, a PE ratio of -0.68 and a beta of 0.78. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.54.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Ranger Bermuda Topco in a report on Thursday, August 27th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

About Ranger Bermuda Topco

Ranger Bermuda Topco Limited operates through its subsidiaries under The Kinetic Group name, a manufacturer of ammunition and related shooting products. Its portfolio includes established brands such as Federal Premium, Remington, CCI, Speer and HEVI-Shot.

The company serves consumer, hunting, sport-shooting, law-enforcement and military markets. Its products include centerfire and rimfire ammunition, shotshells, primers and other specialized ammunition products, which are sold through sporting-goods retailers, distributors and other commercial channels.

The Kinetic Group was formed from the sporting-products business formerly owned by Vista Outdoor and became part of Czechoslovak Group following the completion of that business combination.