Richelieu Hardware Ltd. (TSE:RCH) Senior Officer Sells C$206,605.62 in Stock

Richelieu Hardware Ltd. (TSE:RCH) Senior Officer Antoine Auclair sold 5,400 shares of Richelieu Hardware stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$38.26, for a total value of C$206,605.62.

Richelieu Hardware Price Performance

RCH opened at C$38.86 on Wednesday. The stock’s 50-day moving average price is C$38.92 and its 200 day moving average price is C$39.25. Richelieu Hardware Ltd. has a 12-month low of C$36.30 and a 12-month high of C$48.27. The firm has a market cap of C$2.16 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 0.77 and a beta of 0.94. The company has a current ratio of 3.46, a quick ratio of 0.72 and a debt-to-equity ratio of 26.31.

Richelieu Hardware (TSE:RCH) last issued its quarterly earnings results on Thursday, October 10th. The company reported C$0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.44 by C($0.03). Richelieu Hardware had a return on equity of 10.32% and a net margin of 4.97%. The business had revenue of C$467.75 million for the quarter, compared to analyst estimates of C$468.40 million.

Richelieu Hardware Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Shareholders of record on Thursday, October 24th were given a $0.15 dividend. The ex-dividend date was Thursday, October 24th. This represents a $0.60 annualized dividend and a yield of 1.54%. Richelieu Hardware’s dividend payout ratio is presently 37.50%.

Richelieu Hardware Company Profile

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company’s principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.