Douglas Dynamics Reaches New 1-Year High at $19.90 (PLOW)
Shares of Douglas Dynamics (NASDAQ:PLOW) reached a new 52-week high during mid-day trading on Thursday , ARN reports. The stock traded as high as $19.90 and last traded at $19.86, with a volume of 26,985 shares traded. The stock had previously closed at $19.85.
The stock has a 50-day moving average of $18.26 and a 200-day moving average of $17.4. The company has a market cap of $440.7 million and a P/E ratio of 17.88.
Douglas Dynamics (NASDAQ:PLOW) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.64 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.43 by $0.21. The company had revenue of $88.20 million for the quarter, compared to the consensus estimate of $77.70 million. During the same quarter last year, the company posted $0.26 earnings per share. Douglas Dynamics’s revenue was up 60.1% compared to the same quarter last year. Analysts expect that Douglas Dynamics will post $1.24 EPS for the current fiscal year.
Douglas Dynamics, Inc is engaged in the design, manufacture and sale of snow and ice control equipment for light trucks, which consists of snowplows, sand and salt spreaders, and related parts and accessories.
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