Escalade, Incorporated (NASDAQ:ESCA) stock observed trading -25.33% off 52-week high price. On the other end, the stock has been noted 6.01% away from low price over the last 52-weeks. The stock disclosed a move of -6.96% away from 50 day moving average and -11.09% away from 200 day moving average. Moving closer, we can see that shares have been trading -1.72% off 20-day moving average. It has market cap of $148.23M and dividend yield of 4.89%.
Escalade, Incorporated (NASDAQ:ESCA) announced that its Board of Directors has authorized an increase to the Company’s stock repurchase program, increasing the limit from $3,000,000 to $5,000,000.
The stock repurchase plan will be effected in accordance with Rule 10b-18 under the U.S. Securities Exchange Act of 1934, which contains restrictions on the number of shares that may be purchased on a single day, subject to certain exceptions for block purchases, based on the average daily trading volumes (“ADTV”) of Escalade’s shares on NASDAQ. Purchases shall be limited to daily purchases in an amount up to 25% of the ADTV in its shares, or one “Block” purchase per week in lieu of the 25% of ADTV limitation for compliance with Rule 10b-18(b)(4). A “block” as defined under Rule 10b-18(a)(5) means a quantity of stock that, among other things, is at least 5,000 shares and has a purchase price of at least $50,000.
Repurchases will be made by transactions conducted through the NASDAQ Stock Market (“NASDAQ”), or through privately negotiated transactions.
The USA based company Escalade, Incorporated moved with change of -0.97% to $10.23 with the total traded volume of 17924 shares in recent session versus to an average volume of 8.79K. The stock was observed in the 5 days activity at -1.82%. The one month performance of stock was -7.92%. ESCA’s shares are at -12.26% for the quarter and driving a -22.50% return over the course of the past year and is now at -10.66% since this point in 2018. Right now the stock beta is 0.36. The average volatility for the week and month was at 5.58% and 3.96% respectively. There are 14.49M shares outstanding and 9.56M shares are floated in market.
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