Aegion Corp (NASDAQ:AEGN) CEO Charles R. Gordon sold 20,000 shares of the company’s stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $23.36, for a total transaction of $467,200.00. Following the completion of the sale, the chief executive officer now owns 306,802 shares in the company, valued at approximately $7,166,894.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Aegion Corp (AEGN) traded up $0.13 during midday trading on Tuesday, hitting $23.23. 30,379 shares of the stock traded hands, compared to its average volume of 134,560. The company has a market capitalization of $766.93, a P/E ratio of -10.90, a PEG ratio of 1.40 and a beta of 1.69. Aegion Corp has a 52-week low of $19.11 and a 52-week high of $28.19. The company has a current ratio of 2.24, a quick ratio of 2.00 and a debt-to-equity ratio of 0.63.
A number of brokerages have weighed in on AEGN. BidaskClub cut shares of Aegion from a “hold” rating to a “sell” rating in a report on Tuesday, March 6th. DA Davidson restated a “neutral” rating on shares of Aegion in a report on Thursday, March 1st. Zacks Investment Research upgraded shares of Aegion from a “sell” rating to a “hold” rating in a report on Monday, February 19th. ValuEngine upgraded shares of Aegion from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Hilliard Lyons cut shares of Aegion from a “buy” rating to a “neutral” rating in a report on Thursday, December 21st. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. Aegion currently has an average rating of “Hold” and an average target price of $26.75.
Aegion Corporation (Aegion) is engaged in providing infrastructure protection and maintenance. The Company operates through three segments: Infrastructure Solutions, Corrosion Protection and Energy Services. The Company offers service solutions, including rehabilitation of water and wastewater pipelines with Insituform cured-in-place pipe (CIPP) products; fusible polyvinyl chloride products for rehabilitation; fiber reinforced polymer systems for rehabilitation and strengthening; cathodic protection for corrosion engineering control and infrastructure rehabilitation; pipe coatings for corrosion control and prevention; high density polyethylene (HDPE) pipe lining for corrosion control, abrasion protection and pipeline rehabilitation, and construction and maintenance of oil and gas facilities.
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