Eastern Company (The) (EML) to Release Earnings on Wednesday
Eastern Company (EML) opened at 30.40 on Wednesday. Eastern Company has a 12 month low of $18.85 and a 12 month high of $31.50. The firm’s 50-day moving average is $28.30 and its 200-day moving average is $28.42. The stock has a market capitalization of $190.27 million, a P/E ratio of 23.77 and a beta of 0.43.
Several hedge funds have recently added to or reduced their stakes in EML. State Street Corp bought a new stake in shares of Eastern Company (The) in the second quarter valued at about $1,688,000. California State Teachers Retirement System bought a new stake in shares of Eastern Company (The) in the second quarter valued at about $297,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Eastern Company (The) in the second quarter valued at about $159,000. Hedge funds and other institutional investors own 66.12% of the company’s stock.
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Eastern Company (The) Company Profile
The Eastern Company manufactures and sells industrial hardware, security products and metal products from over six United States operations and seven foreign subsidiaries. The Company maintains over 13 physical locations. It operates through three segments: Industrial Hardware, Security Products and Metal Products.
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