Espey Mfg. & Electronics Corp. (NYSEAMERICAN:ESP – Get Free Report) declared a special dividend on Tuesday, September 8th. Shareholders of record on Friday, September 18th will be given a dividend of 0.75 per share on Friday, September 25th. The ex-dividend date is Friday, September 18th.
Espey Mfg. & Electronics Stock Down 0.4%
Shares of NYSEAMERICAN:ESP opened at $63.09 on Wednesday. Espey Mfg. & Electronics has a 52 week low of $36.00 and a 52 week high of $74.77. The stock has a market capitalization of $189.27 million, a P/E ratio of 16.65 and a beta of 0.37. The firm has a fifty day simple moving average of $61.35 and a two-hundred day simple moving average of $61.10.
Wall Street Analyst Weigh In
Separately, Freedom Capital downgraded Espey Mfg. & Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.
Espey Mfg. & Electronics Company Profile
Espey Manufacturing & Electronics Corp., founded in 1961 and headquartered in Lowell, Massachusetts, specializes in the design, development and manufacture of precision electronic components and sensor systems. The company’s core product offerings include magnetostrictive transducers, torque and position sensors, wideband RF and microwave amplifiers, as well as high-reliability printed circuit boards and molded bus assemblies. These solutions are engineered to withstand harsh operating environments and meet stringent performance requirements.
Espey’s sensor technologies are employed in applications ranging from industrial automation and energy production to commercial and military aerospace platforms.
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