The Clayton-based Spartech Corporation (NYSE:SEH) reported that profit in the Q2 climbed 40%.
The producer of plastic sheet, compounds and packaging reported a $3.7 million profit or 12 cents per share in the Q2 ended May 5, evaluated against a profit of $2.6 million or 8 cents per share in the previous year.
The corporation reported that net sales in the Q2 totaled $298.3 million, a 6% boost from previous year.
Shifting readers focus to broader market, let’s consider market performance of other stocks that significantly affect same sector. GSE Holdings Inc (NYSE:GSE) plunged -2.70% to settle at $10.10, Tredegar Corporation (NYSE:TG) moved up +1.38% to end at $13.92 while Shiner International, Inc. (NASDAQ:BEST) surged +4.63% to finish on Friday at $0.24.
Spartech Corporation (NYSE:SEH) last session volume of 142,150.00 shares was surprisingly higher than its average volume of 109,793.00 shares. The stock after opening at $4.24hit high price of $4.53 and then closed at $4.47 by scoring +6.18%.
SEH generated revenue of 1.17 million in the following twelve months and earned -$22.99 million. The Company showed a negative -1.97% in the net profit margin and as well as in its operating margin which remained -1.59%. Company’s annual sales growth for the past five year was -5.79%.
The SEH past twelve months price to sales ratio 0.79 and price to cash ratio remained -92.40. As far as the returns are concern, the SEH return on equity was recorded as -12.27% and dropped -5.87% return on investment while its return on asset stayed at -3.97%.
The stock showed weekly upbeat performance of 9.29% which was maintained for the month at 3.23%. Likewise the negative performance for the quarter was recorded as -10.42% and for the year was -25.99% while the YTD performance remained at -5.50%.
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