Ladenburg Thalmann Director Jacqueline M. Simkin Acquires 15,303 Shares (LTS)
Ladenburg Thalmann (NYSE:LTS) Director Jacqueline M. Simkin acquired 15,303 shares of the stock in a transaction that occurred on Wednesday, June 25th. The shares were purchased at an average cost of $2.96 per share, with a total value of $45,296.88. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
Ladenburg Thalmann (NYSE:LTS) traded down 1.00% during mid-day trading on Thursday, hitting $2.98. The stock had a trading volume of 291,094 shares. Ladenburg Thalmann has a 52 week low of $1.61 and a 52 week high of $3.54. The stock’s 50-day moving average is $2.88 and its 200-day moving average is $2.86. The company’s market cap is $541.8 million. Ladenburg Thalmann also was the target of a significant increase in short interest in the month of June. As of June 13th, there was short interest totalling 3,298,085 shares, an increase of 0.9% from the May 30th total of 3,268,097 shares. Based on an average daily volume of 274,227 shares, the short-interest ratio is currently 12.0 days. Approximately 3.3% of the company’s shares are sold short.
Ladenburg Thalmann (NYSE:LTS) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. Analysts expect that Ladenburg Thalmann will post $0.02 EPS for the current fiscal year.
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