Quad/Graphics Inc. Sets New 1-Year High at $34.92 (QUAD)
Quad/Graphics (NASDAQ:QUAD) set a new 52-week high during trading hours on Thursday, AR Network reports. The company traded as high as $34.92 and last traded at $34.42, with a volume of 169,903 shares. The stock had previously closed at $34.10.
Separately, analysts at RBC Capital upgraded shares of Quad/Graphics from an “underperform” rating to a “sector perform” rating in a research note to investors on Thursday, August 8th. They now have a $21.00 price target on the stock, down previously from $30.00.
In other Quad/Graphics news, Director Betty Ewens Quadracci unloaded 288,767 shares of Quad/Graphics stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $32.00, for a total value of $9,240,544.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Quad/Graphics has a one year low of $14.36 and a one year high of $34.52. The stock’s 50-day moving average is $30.8 and its 200-day moving average is $25.25. The company has a market cap of $1.659 billion and a P/E ratio of 101.19.
Quad/Graphics (NASDAQ:QUAD) last announced its earnings results on Tuesday, August 6th. The company reported ($0.59) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.03) by $0.56. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the company posted $0.08 earnings per share. Quad/Graphics’s revenue was up 18.8% compared to the same quarter last year.
Quad/Graphics, Inc (NASDAQ:QUAD) is a global provider of print and related products and services that are designed to provide integrated multichannel solutions to marketers and publishers in North America, Latin America and Europe.
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