PENG (NASDAQ:PENG – Get Free Report) insider Joseph Gates Clark sold 2,264 shares of the business’s stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $17.50, for a total value of $39,620.00. Following the sale, the insider now owns 95,999 shares of the company’s stock, valued at approximately $1,679,982.50. This trade represents a 2.30 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
PENG Trading Down 4.2 %
Shares of PENG opened at $16.42 on Friday. The stock has a market cap of $875.02 million, a price-to-earnings ratio of -16.42 and a beta of 1.70. PENG has a 1-year low of $14.87 and a 1-year high of $29.81. The company has a quick ratio of 2.19, a current ratio of 2.65 and a debt-to-equity ratio of 1.65.
PENG (NASDAQ:PENG – Get Free Report) last posted its earnings results on Tuesday, October 15th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.04). The firm had revenue of $311.15 million for the quarter, compared to analyst estimates of $325.00 million. PENG had a positive return on equity of 8.05% and a negative net margin of 4.48%. As a group, research analysts expect that PENG will post 1.33 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on PENG
PENG Company Profile
SMART Global Holdings, Inc, a memory-focused company, engages in the designing and development of enterprise solutions in the United States, China, Europe, and internationally. It operates through Memory Solutions, Intelligent Platform Solutions, and LED Solutions segments. The company offers dynamic random access memory modules, solid-state and flash storage, and other advanced memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services.
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