Libbey reaches new 52-week high

Libbey traded at USD 28.39 at the end of last week, hitting a new 52-week high. Libbey last posted its quarterly earnings results on 31 July, reporting USD 1.02 EPS for the quarter.

Libbey hit a new 52-week high on 5 September, trading as high as USD 28.39 and last traded at USD 28.27, with a volume of 18,943 shares trading hands. The stock had previously closed at USD 27.94.
The stock’s 50-day moving average is USD 25.8 and its 200-day moving average is USD 25.88. The company’s market cap is USD 609.3 million.
Libbey last posted its quarterly earnings results on 31 July, reporting USD 1.02 EPS for the quarter, beating the Thomson Reuters consensus estimate of USD 0.75 by USD 0.27. The company had revenue of USD 223.50 million for the quarter, compared to the consensus estimate of USD 213.97 million. During the same quarter in the prior year, the company posted USD 0.84 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. On average, analysts predict that Libbey will post USD 2.51 earnings per share for the current fiscal year.
Libbey Inc is a producer of glass tableware products in the Western Hemisphere, in addition to supplying to key markets throughout the world.