Today, the President & CEO of Castle Brands, Richard Lampen, exercised options of Castle Brands (NYSE: ROX) for $70K.
Following this transaction Richard Lampen’s holding in the company was increased by 6.53% to a total of $3.98 million.
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Based on Castle Brands’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $24.07 million and GAAP net loss of $336.4K. In comparison, last year the company earned revenue of $20.85 million and had a GAAP net loss of $946.4K. The Company has a Price to Book ratio of 45.8992. Currently, Castle Brands has an average volume of 88.79K.
Starting in March 2014, ROX received 7 Buy ratings in a row.
The insider sentiment on Castle Brands has been positive according to 24 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Castle Brands, Inc. is engaged in the importation, marketing and sale of premium and super premium brands of rums, whiskey, liqueurs, vodka and tequila in the United States, Canada, Europe and Asia. It offers premium brands in beverage alcohol categories: rum, whiskey, liqueurs, vodka, tequila, and wine.
