Ballantyne Strong Inc (BTN) Director Acquires $61,455.00 in Stock
Ballantyne Strong Inc (NYSE:BTN) Director Lewis M. Johnson bought 8,500 shares of the company’s stock in a transaction that occurred on Tuesday, June 13th. The stock was bought at an average price of $7.23 per share, with a total value of $61,455.00. Following the acquisition, the director now directly owns 10,385 shares in the company, valued at approximately $75,083.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Ballantyne Strong Inc (NYSE:BTN) traded down 0.69% during mid-day trading on Wednesday, reaching $7.20. 9,285 shares of the company traded hands. The stock has a market capitalization of $102.61 million and a PE ratio of 200.00. The stock has a 50-day moving average of $6.36 and a 200 day moving average of $6.74. Ballantyne Strong Inc has a 52-week low of $4.90 and a 52-week high of $8.10.
Ballantyne Strong (NYSE:BTN) last released its quarterly earnings data on Thursday, March 16th. The consumer goods maker reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.03. The business had revenue of $20.39 million during the quarter. Equities research analysts expect that Ballantyne Strong Inc will post ($0.02) earnings per share for the current year.
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Ballantyne Strong Company Profile
Ballantyne Strong, Inc is a holding company. The Company’s business activities focus on serving the cinema, retail, financial and government markets. The Company and its subsidiaries design, integrate and install technology solutions for a range of applications; develop and deliver out-of-home messaging, advertising and communications; manufacture projection screens, and provide managed services, including monitoring of networked equipment to its customers.
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