In a transaction which took place on the 6th of November, the Director for J2 Global Inc. (NASDAQ: JCOM), Jon Miller sold J2 Global Inc.’s 20,000 shares. The shares were sold for a collective amount of $1,971,400.00, at an average cost of $98.57. The director is now owner to a total of 161,832 shares, after the transaction. The shares are valued at nearly $15,951,780.24. In a legal filing with the SEC, the complete transaction has been revealed.
During Friday’s trading hours, NASDAQ JCOM traded as much as $1.14, amounting to a total of $95.88. 330,000 shares of the firm traded hands, relative to its 511,850 average volume.
J2 Global Inc.’s 12 months low and high are $65.07 and $100.87 respectively. The firm’s quick ratio is 0.94, its current ratio is 0.84, whereas its debt-to-equity ratio is 1.13. J2 Global Inc.’s 50-day moving average and the 200-day moving average is $94.20 and $88.58 respectively. The market capitalization of the stock is $4.70 billion, the PE ratio is 16.2, while the beta is 0.79.
On the 31st of October, the company revealed the results for its quarterly earnings. For the quarter, J2 Global revealed $1.70 earnings per share. This was ahead of Zacks’ consensus approximation, by $0.12, of $1.58. During the quarter, the firm’s profit amounted to $344.14 million, relative to the $332.47 million which as predicted by analysts. The company’s net margin was 11.15% and it had a return on equity of 29.54%. Relative to the same quarter for the previous year, the company’s revenue increased by 17.6%. While the same period, last year, J2 Global reported the earnings per share of $1.53. Equities research experts predict, on average, how J2 Global Inc. will report the earnings per share of 6.65 for the present year.