Lloyd I. Miller III Purchases 5,200 Shares of Trans World Entertainment Corp. (TWMC) Stock
Trans World Entertainment Corp. (NASDAQ:TWMC) major shareholder Lloyd I. Miller III acquired 5,200 shares of the business’s stock in a transaction dated Friday, October 14th. The shares were bought at an average price of $3.40 per share, with a total value of $17,680.00. Following the transaction, the insider now directly owns 1,165,802 shares in the company, valued at approximately $3,963,726.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Shares of Trans World Entertainment Corp. (NASDAQ:TWMC) traded up 9.65% during midday trading on Monday, hitting $3.75. The stock had a trading volume of 41,948 shares. The stock has a 50-day moving average of $3.53 and a 200 day moving average of $3.70. Trans World Entertainment Corp. has a 52 week low of $3.10 and a 52 week high of $4.00. The stock has a market cap of $113.82 million, a PE ratio of 129.31 and a beta of -0.16.
Trans World Entertainment Corp. (NASDAQ:TWMC) last announced its quarterly earnings results on Wednesday, August 17th. The company reported ($0.15) EPS for the quarter. Trans World Entertainment Corp. had a return on equity of 0.53% and a net margin of 0.28%. Analysts anticipate that Trans World Entertainment Corp. will post $0.20 EPS for the current fiscal year.
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Trans World Entertainment Corp. Company Profile
Trans World Entertainment Corporation is a specialty retailer of entertainment products, including trend, video, music, electronics and related products. The Company operates a chain of retail entertainment stores and e-commerce sites, www.fye.com and www.secondspin.com. It owns interest in Record Town, Inc, through which its principal operations are conducted.
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