Standard Diversified Inc Class A (NYSEAMERICAN) (SDI) Posts Quarterly Earnings Results

Standard Diversified Inc Class A (NYSEAMERICAN) (NYSE:SDI) posted its earnings results on Friday. The company reported $0.08 earnings per share for the quarter, MarketWatch Earnings reports. Standard Diversified Inc Class A (NYSEAMERICAN) had a net margin of 2.40% and a return on equity of 18.09%. The business had revenue of $91.60 million for the quarter.

NYSE:SDI traded down $0.93 during mid-day trading on Friday, reaching $15.10. 17,209 shares of the company were exchanged, compared to its average volume of 11,915. Standard Diversified Inc Class A has a 12 month low of $9.15 and a 12 month high of $19.74. The company has a debt-to-equity ratio of 2.52, a current ratio of 2.97 and a quick ratio of 1.53.

In other Standard Diversified Inc Class A (NYSEAMERICAN) news, major shareholder General L.P. Standard sold 52,550 shares of the stock in a transaction dated Monday, September 17th. The shares were sold at an average price of $16.54, for a total transaction of $869,177.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Thomas F. Jr. Helms sold 2,000 shares of the stock in a transaction dated Friday, August 24th. The stock was sold at an average price of $15.79, for a total transaction of $31,580.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 479,206 shares of company stock worth $7,566,815. Insiders own 10.22% of the company’s stock.

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Standard Diversified Inc Class A (NYSEAMERICAN) Company Profile

Standard Diversified, Inc operates as shell company, which intends to identify new business and investment opportunities. The company was founded by Martha C. Reider and Richard C. Birkmeyer in 1990 and is headquartered in Mineola, NY.

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Earnings History for Standard Diversified Inc Class A (NYSEAMERICAN) (NYSE:SDI)

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