Richelieu Hardware Ltd. (TSE:RCH) Senior Officer Sells C$112,632.90 in Stock

Richelieu Hardware Ltd. (TSE:RCH) Senior Officer Guy Grenier sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$37.54, for a total transaction of C$112,632.90.

Guy Grenier also recently made the following trade(s):

• On Monday, August 26th, Guy Grenier sold 3,000 shares of Richelieu Hardware stock. The shares were sold at an average price of C$38.98, for a total value of C$116,943.00.

Richelieu Hardware Price Performance

TSE RCH opened at C$38.74 on Thursday. The company has a fifty day simple moving average of C$38.92 and a 200 day simple moving average of C$39.24. Richelieu Hardware Ltd. has a 1 year low of C$36.30 and a 1 year high of C$48.27. The company has a market cap of C$2.16 billion, a P/E ratio of 24.13, a P/E/G ratio of 0.77 and a beta of 0.94. The company has a current ratio of 3.46, a quick ratio of 0.72 and a debt-to-equity ratio of 26.31.

Richelieu Hardware (TSE:RCH) last posted its quarterly earnings results on Thursday, October 10th. The company reported C$0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.44 by C($0.03). Richelieu Hardware had a return on equity of 10.32% and a net margin of 4.97%. The company had revenue of C$467.75 million during the quarter, compared to analyst estimates of C$468.40 million.

Richelieu Hardware Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 7th. Investors of record on Thursday, October 24th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, October 24th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.55%. Richelieu Hardware’s dividend payout ratio is 37.50%.

Richelieu Hardware Company Profile

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company’s principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.