Insider Selling: Richelieu Hardware Ltd. (TSE:RCH) Senior Officer Sells C$206,605.62 in Stock

Posted by Ed Jones on Nov 15th, 2024

Richelieu Hardware Ltd. (TSE:RCH – Get Free Report) Senior Officer Antoine Auclair sold 5,400 shares of the stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of C$38.26, for a total transaction of C$206,605.62.

Richelieu Hardware Price Performance

RCH stock opened at C$38.54 on Friday. The company has a fifty day simple moving average of C$38.90 and a two-hundred day simple moving average of C$39.24. The firm has a market capitalization of C$2.15 billion, a P/E ratio of 24.13, a price-to-earnings-growth ratio of 0.77 and a beta of 0.94. The company has a quick ratio of 0.72, a current ratio of 3.46 and a debt-to-equity ratio of 26.31. Richelieu Hardware Ltd. has a 52 week low of C$36.30 and a 52 week high of C$48.27.

Richelieu Hardware (TSE:RCH – Get Free Report) last released its 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). The firm had revenue of C$467.75 million during the quarter, compared to the consensus estimate of C$468.40 million. Richelieu Hardware had a return on equity of 10.32% and a net margin of 4.97%.

Richelieu Hardware Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Thursday, October 24th were issued a $0.15 dividend. The ex-dividend date was Thursday, October 24th. This represents a $0.60 annualized dividend and a dividend yield of 1.56%. Richelieu Hardware’s dividend payout ratio (DPR) is presently 37.50%.

About Richelieu Hardware

(Get Free Report)

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.