Today, the CEO & President of Synalloy Corp (NASDAQ: SYNL), Craig Bram, bought shares of SYNL for $40.09K.
Following Craig Bram’s last SYNL Buy transaction on August 29, 2017, the stock climbed by 11.0%.
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Based on Synalloy Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $71.89 million and quarterly net profit of $3.68 million. In comparison, last year the company earned revenue of $51.51 million and had a net profit of $829.9K. SYNL’s market cap is $195M and the company has a P/E ratio of 26.82. Currently, Synalloy Corp has an average volume of 16.29K.
Craig Bram’s trades have generated a 24.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Synalloy Corp. engages in the production of stainless steel pipe, fabricator of stainless and carbon steel piping systems, and specialty chemicals. It operates through Metals and Specialty Chemicals segments. The Metals Segment operates as Bristol Metals LLC (BRISMET), Palmer of Texas Tanks, Inc. (Palmer), and Specialty Pipe & Tube, Inc. (Specialty).
