LIVE trade ideas
operating income increase of 527%The company reported revenues of $191.7 million, net income of $10.9 million, and basic EPS (earnings per share) of $6.40. The company also reported operating income of $20.4 million, representing an increase of 527% over the same period last year. During the 2020 fiscal year, the company repurchased 236,908 shares of its common stock at an average price of $7.01 per share.
At September 30, 2020, the company reported total assets of $197.2 million and total liabilities of $153.5 million. Stockholders’ equity stood at $43.9 million, or $25.75 per basic common share1. At September 30, 2020, the company had cash and availability under its various lines of credit $37.7 million.
The Company completed two significant acquisitions in 2020, Lonesome Oak in January and Precision Marshall in July.
Cup and HandleEarnings 12-4 BMO...
Long is earnings goes okay
Cup low is 7.83....MC is 10.16
Possible stop under HL (handle low) or mid cup
It is what you do when you are right that counts
Keep a strategy and know what you will do if you are right and what you will do if you are wrong
Even the best of us are wrong sometimes (O: