Espey Manufacturing & Electronics (ESP) Upgraded to “B-” at TheStreet
Separately, Haywood Securities reaffirmed a “buy” rating and issued a $3.00 price target on shares of Espey Manufacturing & Electronics in a research report on Thursday, December 21st.
Shares of Espey Manufacturing & Electronics (NYSEAMERICAN:ESP) opened at $24.40 on Thursday. The stock has a market cap of $57.78, a PE ratio of 48.80 and a beta of 0.29. Espey Manufacturing & Electronics has a 52-week low of $21.07 and a 52-week high of $26.50.
In other news, Director Paul J. Corr acquired 6,000 shares of Espey Manufacturing & Electronics stock in a transaction that occurred on Tuesday, October 17th. The stock was purchased at an average price of $21.72 per share, for a total transaction of $130,320.00. Following the purchase, the director now directly owns 13,407 shares in the company, valued at approximately $291,200.04. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Alvin O. Sabo acquired 2,459 shares of Espey Manufacturing & Electronics stock in a transaction that occurred on Monday, October 16th. The shares were purchased at an average price of $21.73 per share, with a total value of $53,434.07. Following the purchase, the director now owns 13,407 shares in the company, valued at $291,334.11. The disclosure for this purchase can be found here. Insiders bought a total of 9,063 shares of company stock valued at $196,740 in the last ninety days.
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Espey Manufacturing & Electronics Company Profile
Espey Mfg. & Electronics Corp. (Espey) is a power electronics design and original equipment manufacturing (OEM) company. The Company is engaged in developing and delivering products for use in military and environment applications. The Company provides power energy conversion and transformer solutions.
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