Heritage Global (HGBL) Expected to Announce Quarterly Earnings on Thursday

Heritage Global (NASDAQ:HGBL) is anticipated to announce its earnings results after the market closes on Thursday, March 13th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $12.30 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Heritage Global Price Performance

HGBL opened at $2.09 on Thursday. The company’s 50 day simple moving average is $2.07 and its two-hundred day simple moving average is $1.82. Heritage Global has a 1-year low of $1.52 and a 1-year high of $3.09. The firm has a market capitalization of $78.04 million, a price-to-earnings ratio of 7.46 and a beta of 1.22.

Heritage Global Company Profile

Heritage Global Inc, together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services.