Off The Hook Ys (NYSEAMERICAN:NXB) Posts Quarterly Earnings Results

Off The Hook Ys (NYSEAMERICAN:NXB) posted its quarterly earnings results on Thursday. The company reported ($0.08) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $59.06 million for the quarter.

Off The Hook Ys Stock Performance

NXB remained flat at $2.10 during trading hours on Thursday. The company had a trading volume of 78,827 shares, compared to its average volume of 57,771. Off The Hook Ys has a 12-month low of $1.70 and a 12-month high of $3.90. The business has a fifty day moving average of $2.12 and a 200-day moving average of $2.44. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.14 and a current ratio of 1.10.

Insider Buying and Selling at Off The Hook Ys

In other Off The Hook Ys news, CEO Brian John sold 120,000 shares of Off The Hook Ys stock in a transaction on Friday, May 15th. The stock was sold at an average price of $2.41, for a total value of $289,200.00. Following the sale, the chief executive officer owned 1,133,350 shares in the company, valued at $2,731,373.50. The trade was a 9.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Jason Daniel Ruegg sold 475,000 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $2.00, for a total value of $950,000.00. Following the completion of the transaction, the chairman directly owned 10,775,000 shares in the company, valued at approximately $21,550,000. This trade represents a 4.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 600,000 shares of company stock valued at $1,252,400. 66.00% of the stock is owned by insiders.

Institutional Trading of Off The Hook Ys

A number of hedge funds and other institutional investors have recently modified their holdings of NXB. Jane Street Group LLC acquired a new position in Off The Hook Ys in the fourth quarter valued at about $35,000. Geode Capital Management LLC purchased a new position in Off The Hook Ys during the fourth quarter worth about $42,000. Millennium Management LLC acquired a new position in shares of Off The Hook Ys in the 4th quarter worth approximately $52,000. Finally, HRT Financial LP acquired a new position in shares of Off The Hook Ys in the 4th quarter worth approximately $58,000.

Off The Hook Ys Company Profile

We are a premier yacht and boat dealership specializing in the buying, selling, and wholesaling of yachts and boats. Founded in 2012 by Jason Ruegg, OTHYS has grown into one of the largest marine wholesaler in the industry, recognized for its innovation, expertise, and expansive operations. Over the past decade, we believe OTHYS has become a nationally recognized leader in the marine industry, earning numerous accolades. The company has been named one of the 500 fastest-growing companies in the United States by Inc 500 and is consistently ranked as a Top 100 Dealer in the USA by Boating Industry, a magazine for boating professionals.