Horizon Global Co. (NYSE:HZN – Get Rating) Director John C. Kennedy purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, May 10th. The stock was purchased at an average price of $2.83 per share, with a total value of $28,300.00. Following the transaction, the director now owns 864,209 shares of the company’s stock, valued at $2,445,711.47. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Shares of HZN stock opened at $2.43 on Friday. Horizon Global Co. has a fifty-two week low of $2.37 and a fifty-two week high of $10.14. The business has a fifty day simple moving average of $4.70 and a 200-day simple moving average of $6.37.
Horizon Global (NYSE:HZN – Get Rating) last announced its quarterly earnings results on Thursday, March 10th. The company reported ($0.58) earnings per share for the quarter. The firm had revenue of $164.27 million during the quarter.
Separately, StockNews.com began coverage on Horizon Global in a research report on Friday. They issued a “hold” rating for the company.
About Horizon Global (Get Rating)
Horizon Global Corporation engages in the design, manufacture, and distribution of towing, trailering, cargo management, and other related accessory products worldwide. It operates in two segments, Horizon Americas and Horizon Europe-Africa. The company provides towing products, such as hitches/tow bars, fifth wheels, gooseneck hitches, weight distribution systems, brake controllers, wiring harnesses, draw bars, ball mounts, crossbars, security products, and other towing accessories.
- Get a free copy of the StockNews.com research report on Horizon Global (HZN)
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