HG (OTCMKTS:STLY) Posts Earnings Results

HG (OTCMKTS:STLY) posted its quarterly earnings results on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports. HG had a return on equity of 5.46% and a net margin of 14.15%.

HG Stock Performance

Shares of OTCMKTS STLY traded down $0.10 during trading on Thursday, hitting $3.40. 1,503 shares of the company traded hands, compared to its average volume of 886. The business’s fifty day moving average is $3.65 and its 200 day moving average is $4.12. The firm has a market capitalization of $17.16 million, a price-to-earnings ratio of 9.44 and a beta of 0.21. HG has a fifty-two week low of $2.91 and a fifty-two week high of $5.95.

About HG

HG Holdings, Inc. is a holding company that operates primarily through businesses in the property and casualty insurance industry. Its activities have included providing and managing insurance products designed to protect residential and other property owners against risks such as wind, storm, fire and other covered losses. The company has evolved from its former identity as Stanley Furniture, Inc., a furniture manufacturer established in the early twentieth century. Stanley Furniture produced bedroom, dining room, youth and home-office furnishings before shifting away from its traditional furniture operations and adopting the HG Holdings name as its business focus changed.