Heritage Global Inc

NASDAQ HGBL

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Heritage Global Inc Price to Sales Ratio (P/S) on June 03, 2024: 1.51

Heritage Global Inc Price to Sales Ratio (P/S) is 1.51 on June 03, 2024, a -43.02% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.
  • Heritage Global Inc 52-week high Price to Sales Ratio (P/S) is 2.66 on June 06, 2023, which is 75.94% above the current Price to Sales Ratio (P/S).
  • Heritage Global Inc 52-week low Price to Sales Ratio (P/S) is 1.46 on May 22, 2024, which is -3.52% below the current Price to Sales Ratio (P/S).
  • Heritage Global Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 1.92.
NASDAQ: HGBL

Heritage Global Inc

CEO Mr. Ross M. Dove
IPO Date March 23, 1993
Location United States
Headquarters 12625 High Bluff Drive, San Diego, CA, United States, 92130
Employees 82
Sector Financial Services
Industry Capital markets
Description

Heritage Global Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. The company operates in three segments: Auction and Liquidation, Refurbishment & Resale, and Brokerage. It provides a suite of market making, acquisitions, refurbishment, dispositions, valuations, and secured lending services. The company focuses on identifying, valuing, acquiring, and monetizing underlying tangible assets. It acts as an adviser, as well as a principal, acquiring, or brokering manufacturing facilities; surplus industrial machinery and equipment; industrial inventories; and charged-off receivable portfolios. The company was formerly known as Counsel RB Capital Inc. and changed its name to Heritage Global, Inc. in August 2013. Heritage Global, Inc. was founded in 1937 and is headquartered in San Diego, California.

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StockViz Staff

September 20, 2024

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