Willis Lease Finance Co. (NASDAQ:WLFC – Get Rating) CFO Scott B. Flaherty sold 2,360 shares of the stock in a transaction dated Tuesday, May 31st. The shares were sold at an average price of $37.56, for a total value of $88,641.60. Following the completion of the transaction, the chief financial officer now directly owns 88,910 shares in the company, valued at approximately $3,339,459.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of NASDAQ WLFC traded down $0.10 during trading on Tuesday, hitting $37.52. The company had a trading volume of 20,379 shares, compared to its average volume of 11,913. The stock has a 50 day simple moving average of $32.53 and a 200 day simple moving average of $34.60. The company has a debt-to-equity ratio of 4.74, a quick ratio of 2.07 and a current ratio of 2.85. Willis Lease Finance Co. has a 12 month low of $30.22 and a 12 month high of $45.91. The firm has a market capitalization of $230.56 million, a P/E ratio of -11.17 and a beta of 1.18.
Willis Lease Finance (NASDAQ:WLFC – Get Rating) last posted its quarterly earnings data on Monday, May 9th. The transportation company reported ($3.70) EPS for the quarter. Willis Lease Finance had a negative return on equity of 4.44% and a negative net margin of 5.86%. The company had revenue of $68.82 million during the quarter.
Separately, StockNews.com downgraded Willis Lease Finance from a “buy” rating to a “hold” rating in a report on Wednesday, May 18th.
About Willis Lease Finance (Get Rating)
Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment engages in acquiring and leasing commercial aircraft, aircraft engines, and other aircraft equipment, as well as the purchase and resale of commercial aircraft engines and other aircraft equipment, and other related businesses.
- Get a free copy of the StockNews.com research report on Willis Lease Finance (WLFC)
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