Williams Industrial Services Group (OTCMKTS:WLMS) Shares Up 5.8%

Williams Industrial Services Group Inc. (OTCMKTS:WLMSGet Rating)’s share price shot up 5.8% on Tuesday . The stock traded as high as $1.51 and last traded at $1.46. 33,694 shares traded hands during trading, a decline of 84% from the average session volume of 207,286 shares. The stock had previously closed at $1.38.

The firm’s 50 day moving average is $1.59 and its two-hundred day moving average is $2.05. The firm has a market cap of $37.45 million, a P/E ratio of 15.67, a price-to-earnings-growth ratio of 0.79 and a beta of 1.33. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.88.

Williams Industrial Services Group (OTCMKTS:WLMSGet Rating) last issued its earnings results on Thursday, May 12th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.01). Williams Industrial Services Group had a return on equity of 6.47% and a net margin of 0.76%. Analysts predict that Williams Industrial Services Group Inc. will post 0.04 EPS for the current fiscal year.

In other Williams Industrial Services Group news, Director David A. B. Brown purchased 34,456 shares of the business’s stock in a transaction on Thursday, May 19th. The shares were purchased at an average cost of $1.54 per share, for a total transaction of $53,062.24. Following the acquisition, the director now owns 712,993 shares of the company’s stock, valued at $1,098,009.22. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director David A. B. Brown purchased 24,836 shares of the business’s stock in a transaction on Monday, May 23rd. The shares were acquired at an average price of $1.72 per share, for a total transaction of $42,717.92. Following the completion of the acquisition, the director now directly owns 746,546 shares in the company, valued at approximately $1,284,059.12. The disclosure for this purchase can be found here. Insiders have purchased 80,602 shares of company stock valued at $128,202 in the last ninety days. 33.00% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of the stock. CapWealth Advisors LLC raised its position in Williams Industrial Services Group by 81.2% in the 1st quarter. CapWealth Advisors LLC now owns 111,553 shares of the company’s stock valued at $222,000 after buying an additional 50,000 shares during the last quarter. Virtu Financial LLC purchased a new stake in Williams Industrial Services Group in the 1st quarter valued at $67,000. State Street Corp raised its position in Williams Industrial Services Group by 79.6% in the 1st quarter. State Street Corp now owns 71,106 shares of the company’s stock valued at $142,000 after buying an additional 31,506 shares during the last quarter. Moors & Cabot Inc. purchased a new stake in Williams Industrial Services Group in the 3rd quarter valued at $28,000. Finally, HM Payson & Co. purchased a new stake in Williams Industrial Services Group in the 1st quarter valued at $29,000. Institutional investors own 53.98% of the company’s stock.

About Williams Industrial Services Group (OTCMKTS:WLMS)

Williams Industrial Services Group Inc provides construction, maintenance, and support services to customers in the energy, power, and industrial end markets in the United States and Canada. It offers maintenance, modification, repair, and other capital project services to extend life cycles of nuclear, paper, chemical, fossil fuel, industrial gas, hydro power, natural gas, municipal water and wastewater, and other facilities.

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