Eastern Co (NASDAQ:EML) insider have most recently took part in a trading activity. On Jun 29, 2016 Mitarotonda James A, Director bought 10,000 shares having total worth of $164,500 at the price of $16.45 per share, following the transaction a total of 527,713 shares owned by Mitarotonda James A. Before this latest buy, Mitarotonda James A purchased EML at 9 other times during the past twelve months, for a total investment of $29.25M at an average of $16.76 per share.
Furthermore, over the past 12 months , the stock was traded 9 times by insiders. an employee of the company was the buyer in 9 instances.
Shares of Eastern Co (NASDAQ:EML) traded up 3.97% on Jun 29, 2016, hitting $16.77. 11,200 shares of the company’s stock traded hands. Eastern Co has a 52 week low of $15.15 and a 52 week high of $20.57. The company’s market cap is $105 million.
Eastern Co (NASDAQ:EML) last announced its earnings results on Feb 12, 2016. The company reported 0.28 earnings per share (EPS) for the quarter. The company had revenue of $34 million for the quarter During the same quarter in the previous year, the company posted 0.33 earnings per share. The company’s revenue for the quarter was up 0% on a year-over-year basis.
|earnings per share||0.28||0.41||0.09||0.14||0.33||0.39||0.27||0.24||0.31||0.29|
Eastern Co was incorporated under the laws of the State of Connecticut in October, 1912, succeeding a co-partnership established in October, 1858. The Company is a manufacturer of industrial hardware, security products and metal castings. It primarily operates in the U.S., Canada, Mexico, Taiwan and China. The Company operates in three business segments: Industrial Hardware, Security Products and Metal Products. The Industrial Hardware segment manufactures an extensive selection of latches, locks and other security hardware used throughout the transportation and industrial sectors. Its products include passenger restraint locks, slam and draw latches, dead bolt latches, compression latches, cam-type vehicular locks, hinges, tool box locks, light-weight sleeper boxes and vents for Class 8 trucks and school bus door closure hardware. These products are applied in tractor-trailer trucks, moving vans, off-road construction and farming equipment, school buses, military vehicles, recreational boats, pickup trucks, sport utility vehicles, and fire and rescue vehicles. The products are sold directly to original equipment manufacturers and to distributors through a distribution channel consisting of in-house salesmen and outside sales representatives. Further, it also provides fasteners and other closure devices; and plastic injection moldings. Security Products segment offers electronic and mechanical locking devices for the computer, electronics, vending, and gaming industries. It also supplies its products to the luggage, furniture, laboratory equipment and commercial laundry industries. Its product portfolio include timers, drop meters, coin chutes, money boxes, meter cases, smart cards, value transfer stations, smart card readers, card management software, access control units, oven door latches, oven door switches and smoke eliminators. These products are sold to original equipment manufacturers, distributors, route operators, and locksmiths via in-house salesmen and outside sales representatives. In addition, this segment provides coin acceptors and other coin security products for the commercial laundry markets; hardware and accessories for the appliance industry; and security based on smart card technology for the access control, municipal parking, and vending markets. The Metal Products segment offers expansion shells for use in supporting the roofs of underground mines; and specialty malleable and ductile iron castings. Its products include mine roof support anchors, couplers for railroad braking systems, adjustable clamps for construction, and fittings for electrical installations.
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