RLJ Entertainment (NASDAQ:RLJE) opened at $4.35 on Wednesday. The firm has a market capitalization of $62.14, a P/E ratio of -1.64 and a beta of 2.90. RLJ Entertainment has a 1 year low of $2.12 and a 1 year high of $4.70. The company has a debt-to-equity ratio of -5.22, a quick ratio of 1.42 and a current ratio of 1.50.
In related news, major shareholder Jh Evergreen Management, Llc sold 678,095 shares of the business’s stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $4.25, for a total transaction of $2,881,903.75. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Miguel Penella sold 22,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $3.68, for a total value of $80,960.00. Following the transaction, the chief executive officer now directly owns 305,405 shares in the company, valued at $1,123,890.40. The disclosure for this sale can be found here. 94.27% of the stock is owned by insiders.
About RLJ Entertainment
RLJ Entertainment, Inc (RLJE) is a global entertainment content distribution company. RLJE is a film and television licensee focusing on action, thriller and horror independent feature films. RLJE operates through three segments: Intellectual Property (IP) Licensing; Wholesale, and Direct-to-Consumer.
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