Horizon Global Co. (NYSE:HZN) CEO Terry Gohl acquired 7,000 shares of the stock in a transaction dated Friday, May 7th. The shares were bought at an average price of $7.22 per share, with a total value of $50,540.00. Following the completion of the purchase, the chief executive officer now directly owns 181,647 shares of the company’s stock, valued at approximately $1,311,491.34. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.
NYSE:HZN opened at $7.90 on Thursday. The company has a market capitalization of $213.36 million, a P/E ratio of -3.19 and a beta of 2.03. The firm has a fifty day simple moving average of $8.92 and a 200-day simple moving average of $8.69. Horizon Global Co. has a 12 month low of $1.32 and a 12 month high of $11.78.
Horizon Global (NYSE:HZN) last posted its earnings results on Thursday, March 11th. The company reported ($0.21) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.62) by $0.41. The company had revenue of $175.86 million during the quarter. Horizon Global had a negative net margin of 9.99% and a negative return on equity of 4,042.82%.
About Horizon Global
Horizon Global Corporation designs, manufactures, and distributes a range of towing, trailering, cargo management, and other related accessory products worldwide. It operates through Horizon Americas and Horizon Europe-Africa segments. The company provides towing products, such as hitches/tow bars, fifth wheels, gooseneck hitches, weight distribution systems, brake controls, wiring harnesses, draw bars, ball mounts, crossbars, security products, and other towing accessories for attaching a trailer, camper, etc.
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