Revenue Update on Handy & Harman Ltd(NASDAQ:HNH)

Handy & Harman Ltd(NASDAQ:HNH) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 1, 2016. Earnings per share were $0.54.

Handy & Harman Ltd (HNH) shares turned negative on Mondays trading session with the shares closing down -0.62 points or -2.31% at a volume of 8,262. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $27.27. The peak price level was also seen at $27.27 while the days lowest was $26.02. Finally the shares closed at $26.24. The 52-week high of the shares is $30.07 while the 52-week low is $15.61. According to the latest information available, the market cap of the company is $321 M.

Several Insider Transactions has been reported to the SEC. On Mar 7, 2016, Jeffrey A Svoboda (Senior Vice President) sold 11,000 shares at $21.60 per share price.Also, On Dec 30, 2015, Robert Frankfurt (director) purchased 3,488 shares at $20.43 per share price.

Handy & Harman Ltd. (HNH) is a holding company. The Company is a manufacturer of engineered niche industrial products. Through its wholly owned operating subsidiaries HNH focuses on products and technology and serves customers across a range of end markets. The Company operates in four segments: Joining Materials which fabricates precious metals and their alloys into brazing alloys; Tubing which manufactures a range of steel tubing products; Building Materials which manufactures and supplies products to the commercial construction and building industries and Blades and Route Repair Services (Kasco) provides meat-room blade products repair services and resale products for the meat and deli departments of supermarkets restaurants meat and fish processing plants and for distributors of electrical saws and cutting equipment. It serves a diverse customer base including the construction electrical transportation utility medical oil and gas exploration and food industries.

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