Revenue Update on Wayside Technology Group(NASDAQ:WSTG)

Wayside Technology Group(NASDAQ:WSTG) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Earnings per share were $0.34.

Wayside Technology Group (WSTG) made into the market gainers list on Thursdays trading session with the shares advancing 0.06% or 0.0101 points. Due to strong positive momentum, the stock ended at $18.24, which is also near the day’s high of $18.42. The stock began the session at $18.42 and the volume stood at 1,657 shares. The 52-week high of the shares is $19.64 and the 52 week low is $11.71. The company has a current market capitalization of $87 M and it has 47,81,725 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Nov 16, 2015, Simon F Nynens (Chairman, President & CEO) sold 4,190 shares at $18.50 per share price.Also, On Feb 25, 2015, William Roger Botti (Executive VP) purchased 1,000 shares at $17.15 per share price.

Wayside Technology Group Inc. is an information technology (IT) channel company. The Company operates in two segments: Lifeboat Distribution and TechXtend. The Lifeboat Distribution segment distributes technical software to corporate resellers value added resellers consultants and systems integrators around the world. The TechXtend segment is a value-added reseller of software hardware and services for corporations government organizations and academic institutions in the United States and Canada. It resells computer software and hardware developed by others and provides technical services directly to customers in the United States of and Canada. It offers a line of products from publishers of software and tools for virtualization/cloud computing security networking storage and infrastructure management application lifecycle management and other technical domains as well as computer hardware. It distributes software developed by others through resellers.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Wayside Technology Group - Is it time to Sell?

Top Brokerage Firms are advising their investors on Wayside Technology Group. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.