Escalade (NASDAQ:ESCA) Stock Rating Upgraded by StockNews.com

Escalade (NASDAQ:ESCA) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report issued on Monday.

Escalade Stock Up 15.0 %

ESCA opened at $14.67 on Monday. The stock has a market cap of $203.33 million, a PE ratio of 20.66 and a beta of 1.21. The company has a quick ratio of 1.63, a current ratio of 4.41 and a debt-to-equity ratio of 0.27. Escalade has a 52 week low of $11.42 and a 52 week high of $22.01. The business’s fifty day simple moving average is $14.31 and its 200 day simple moving average is $17.03.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ESCA. Raymond James & Associates grew its stake in shares of Escalade by 146.2% during the first quarter. Raymond James & Associates now owns 31,718 shares of the company’s stock valued at $419,000 after buying an additional 18,834 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Escalade by 0.7% during the first quarter. Bank of New York Mellon Corp now owns 144,703 shares of the company’s stock valued at $1,910,000 after buying an additional 1,045 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Escalade by 3.5% during the first quarter. Dimensional Fund Advisors LP now owns 478,109 shares of the company’s stock valued at $6,312,000 after buying an additional 16,186 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Escalade by 3.3% during the first quarter. Vanguard Group Inc. now owns 422,047 shares of the company’s stock valued at $5,571,000 after buying an additional 13,578 shares during the last quarter. Finally, State Street Corp grew its stake in shares of Escalade by 1.3% during the first quarter. State Street Corp now owns 171,364 shares of the company’s stock valued at $2,262,000 after buying an additional 2,249 shares during the last quarter. 65.22% of the stock is owned by institutional investors.

Escalade Company Profile

Escalade, Incorporated, together with its subsidiaries, manufactures, distributes, imports, and sells sporting goods in North America, Europe, and internationally. The company provides various sporting goods brands in basketball goals, archery, indoor and outdoor game recreation, and fitness products.