A Director at Handy & Harman Ltd (NASDAQ: HNH) is Selling Shares

By Carrie Williams

Today, a Director at Handy & Harman Ltd (NASDAQ: HNH), Jack Howard, sold shares of HNH for $207.7K.

Based on Handy & Harman Ltd’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $231 million and quarterly net profit of $8.04 million. In comparison, last year the company earned revenue of $181 million and had a net profit of $4.42 million. The company has a one year high of $29.89 and a one year low of $15.61. HNH’s market cap is $292.6M and the company has a P/E ratio of 27.25.

The insider sentiment on Handy & Harman Ltd has been neutral according to 15 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Handy & Harman Ltd. is a diversified holding company, which manufactures engineered niche industrial products. It operates through five segments: Joining Materials, Tubing, Building Materials and Performance Materials and Kasco Blades and Route Repair Services. The Joining Materials segment primarily fabricates precious metals and their alloys into brazing alloys, which are used to join similar and dissimilar metals, as well as specialty metals and some ceramics, with strong, hermetic joints. This segment offers a wide variety of alloys, including gold, silver, palladium, copper, nickel, aluminum and tin. The Tubing segment manufactures a wide variety of steel tubing products. This segment also manufactures welded carbon steel tubing in coiled and straight lengths with a primary focus on products for the automotive, heating, ventilation and cooling, and oil and gas industries. The Building Materials segment manufactures and supplies products primarily to the commercial construction and building industries. Performance Materials segment manufactures sheet and mechanically formed glass and aramid materials. The Kasco Blades and Route Repair Services segment 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. Handy & Harman was founded in 1867 and is headquartered in White Plains, NY.