Kenneth E. Shipley Sells 879 Shares of Legacy Housing Corp (NASDAQ:LEGH) Stock
Legacy Housing Corp (NASDAQ:LEGH) CEO Kenneth E. Shipley sold 879 shares of the company’s stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of $12.85, for a total transaction of $11,295.15. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of NASDAQ:LEGH opened at $12.85 on Friday. The company’s 50-day moving average price is $12.72. The company has a quick ratio of 1.09, a current ratio of 2.83 and a debt-to-equity ratio of 0.05. Legacy Housing Corp has a 12 month low of $8.93 and a 12 month high of $14.99.
Legacy Housing (NASDAQ:LEGH) last issued its quarterly earnings data on Monday, May 13th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.22 by $0.07. The firm had revenue of $37.95 million for the quarter, compared to the consensus estimate of $38.75 million. On average, equities analysts anticipate that Legacy Housing Corp will post 1.11 earnings per share for the current year.
Several equities analysts have recently commented on LEGH shares. Zacks Investment Research raised shares of Eutelsat Communications from a “hold” rating to a “strong-buy” rating and set a $21.00 price objective for the company in a research note on Wednesday, June 12th. B. Riley reaffirmed a “neutral” rating on shares of New York Community Bancorp in a research note on Wednesday, April 10th.
About Legacy Housing
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms, with 1 to 3 1/2 bathrooms.
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