Tandy Leather Factory, Inc. (NASDAQ:TLF) CEO Janet A. Carr acquired 8,800 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was purchased at an average price of $5.70 per share, for a total transaction of $50,160.00. Following the completion of the transaction, the chief executive officer now directly owns 8,800 shares in the company, valued at approximately $50,160. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of TLF stock traded up $0.11 during trading hours on Friday, reaching $6.21. The company had a trading volume of 20,662 shares, compared to its average volume of 13,768. The company has a quick ratio of 3.16, a current ratio of 8.71 and a debt-to-equity ratio of 0.14. The company has a market cap of $57.01 million, a P/E ratio of 12.84 and a beta of 0.48. Tandy Leather Factory, Inc. has a 1-year low of $5.26 and a 1-year high of $8.05.
Separately, ValuEngine downgraded Tandy Leather Factory from a “hold” rating to a “sell” rating in a research note on Wednesday, February 13th.
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Tandy Leather Factory Company Profile
Tandy Leather Factory, Inc operates as a retailer and wholesale distributor of a range of leather and leathercraft related items. It operates through two segments, North America and International. The company offers leather, quality tools, hardware, accessories, liquids, lace, kits, open workbenches, and teaching materials.
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