Associated Capital Group (NYSE:AC) Hits New 1-Year Low at $31.12

Associated Capital Group, Inc. (NYSE:AC) shares reached a new 52-week low on Friday . The stock traded as low as $31.12 and last traded at $32.41, with a volume of 3721 shares. The stock had previously closed at $32.35.

Associated Capital Group Stock Up 0.2 %

The stock has a market capitalization of $696.38 million, a P/E ratio of 18.84 and a beta of 0.89. The business’s 50 day simple moving average is $32.80 and its two-hundred day simple moving average is $33.61.

Associated Capital Group (NYSE:AC) last announced its quarterly earnings results on Tuesday, February 6th. The financial services provider reported $0.76 earnings per share for the quarter. The business had revenue of $5.64 million for the quarter. Associated Capital Group had a net margin of 295.29% and a return on equity of 4.15%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Quent Capital LLC bought a new position in Associated Capital Group during the 1st quarter valued at $222,000. Dynamic Advisor Solutions LLC raised its holdings in shares of Associated Capital Group by 53.8% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 12,514 shares of the financial services provider’s stock valued at $430,000 after purchasing an additional 4,375 shares during the last quarter. Finally, Sapient Capital LLC bought a new position in shares of Associated Capital Group during the fourth quarter valued at about $557,000. Hedge funds and other institutional investors own 8.14% of the company’s stock.

Associated Capital Group Company Profile

Associated Capital Group, Inc, together with its subsidiaries, provides investment advisory services in the United States. The company offers alternative investment management services; and operates a direct investment business. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut.