International Baler Co. (IBAL) Issues Earnings Results
International Baler Co. (NASDAQ:IBAL) issued its earnings results on Wednesday. The company reported $0.01 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $2.67 million during the quarter. International Baler had a negative return on equity of 1.80% and a negative net margin of 1.76%.
International Baler (NASDAQ:IBAL) opened at 1.96 on Thursday. International Baler has a 12-month low of $1.63 and a 12-month high of $2.18. The stock’s market capitalization is $10.16 million. The stock’s 50 day moving average price is $1.99 and its 200-day moving average price is $2.07.
About International Baler
International Baler Corporation is a manufacturer of baling equipment. The Company’s baling equipment is fabricated from steel and utilizes hydraulic and electrical components to compress a range of materials into bales for handling, shipping, disposal, storage and for recycling. Materials baled by the Company include scrap metal, corrugated boxes, newsprint, aluminum cans, plastic bottles and other solid waste.
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