Quad/chart target of unusually high options trading (NYSE:QUAD)
Quad/Graphics, Inc. (NYSE: QUAD – Get a rating) was the recipient of unusually heavy options trading activity on Monday. Stock traders bought 2,500 put options on the stock. This is an increase of approximately 429% over the average volume of 473 puts.
Quad/Graphics Price Performance
Shares of QUAD traded down $0.07 at midday Monday, hitting $2.31. 5,080 shares of the company were traded, against an average volume of 343,166. Quad/Graphics has a 52-week low of $2.30 and a 52-week high of $7.55. The company has a debt ratio of 4.66, a quick ratio of 0.56 and a current ratio of 0.95. The company has a 50-day moving average of $3.37 and a 200-day moving average of $4.11. The stock has a market capitalization of $125.17 million, a price-earnings ratio of -39.67 and a beta of 1.72.
Quad/Charts (NYSE:QUAD – Get a rating) last announced its quarterly results on Tuesday, August 2. The business services provider reported EPS of $0.13 for the quarter. Quad/Graphics had a positive return on equity of 17.52% and a negative net margin of 0.08%. The company had revenue of $757.70 million in the quarter.
Institutional entries and exits
A number of institutional investors and hedge funds have recently changed their holdings to QUAD. Annex Advisory Services LLC increased its position in Quad/Graphics by 13.4% during the first quarter. Annex Advisory Services LLC now owns 20,906 shares of the business services provider valued at $145,000 after buying an additional 2,475 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Quad/Graphics by 0.4% during the 1st quarter. Renaissance Technologies LLC now owns 927,900 shares of the business services provider valued at $6,440,000 after buying 3,300 additional shares last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Quad/Graphics by 19.9% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 20,024 shares of the business services provider valued at $55,000 after buying 3,324 additional shares last quarter. UBS Group AG increased its position in shares of Quad/Graphics by 2,432.1% during the 1st quarter. UBS Group AG now owns 3,545 shares of the business services provider valued at $25,000 after buying an additional 3,405 shares last quarter. Finally, the Royal Bank of Canada increased its position in shares of Quad/Graphics by 1,678.2% during the 1st quarter. Royal Bank of Canada now owns 5,868 shares of the business services provider valued at $41,000 after buying an additional 5,538 shares last quarter. 37.33% of the shares are held by hedge funds and other institutional investors.
Quad/Graphics Company Profile
Quad/Graphics, Inc provides marketing solutions worldwide. The Company operates through United States Print and Related Services and International segments. It offers printing services, such as retail inserts, publications, catalogs, trade publications, magazines, direct mail, directories, in-store marketing and promotion, packaging, newspapers , custom printed products and other commercial and specialty printed products; and paper supply services.
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