Previous Close | 27.82 |
Open | 27.99 |
Bid | 27.90 x 800 |
Ask | 27.99 x 800 |
Day's Range | 27.87 - 27.87 |
52 Week Range | 26.74 - 39.38 |
Volume | |
Avg. Volume | 117,518 |
Market Cap | 554.797M |
Beta (5Y Monthly) | 1.07 |
PE Ratio (TTM) | 28.18 |
EPS (TTM) | 0.99 |
Earnings Date | Jan 16, 2025 - Jan 20, 2025 |
Forward Dividend & Yield | 0.12 (0.43%) |
Ex-Dividend Date | Sep 13, 2024 |
1y Target Est | 34.00 |
While it may be too soon to call Insteel Industries (IIIN) stock a value trap, IIIN shares have fallen more than -25% this year.
MOUNT AIRY, N.C., October 21, 2024--Insteel Industries Inc. (NYSE: IIIN) today announced that its wholly-owned subsidiary, Insteel Wire Products Company (together referred to as "Insteel" or the "Company" in this press release), has acquired Engineered Wire Products, Inc. ("EWP") for $70.0 million in an asset transaction, subject to certain adjustments. The transaction was funded from cash on hand.