Empire Resources (ERS) Posts Quarterly Results
Empire Resources (NYSE:ERS) released its earnings data on Thursday. The company reported $0.17 earnings per share (EPS) for the quarter, American Banking News.com reports. The company had revenue of $146.52 million for the quarter, compared to the consensus estimate of $110.47 million.
Shares of Empire Resources (NYSE:ERS) opened at 5.59 on Thursday. Empire Resources has a 1-year low of $3.24 and a 1-year high of $5.20. The stock’s 50-day moving average is $4.54 and its 200-day moving average is $4.23. The company has a market cap of $48.5 million and a price-to-earnings ratio of 13.55.
Empire Resources, Inc is principally engaged in the purchase, sale and distribution of semi-finished aluminum and steel products to a customer base located throughout the Americas, Europe, Australia and New Zealand.
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