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The Eastern Company is currently in a long term uptrend where the price is trading 15.7% above its 200 day moving average.
From a valuation standpoint, the stock is 98.7% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.7.
The Eastern Company's total revenue rose by 249.8% to $240M since the same quarter in the previous year.
Its net income has increased by 8.7% to $5M since the same quarter in the previous year.
Finally, its free cash flow grew by 154.9% to $18M since the same quarter in the previous year.
Based on the above factors, The Eastern Company gets an overall score of 5/5.
| Exchange | NASDAQ |
|---|---|
| CurrencyCode | USD |
| ISIN | US2763171046 |
| Sector | Industrials |
| Industry | Tools & Accessories |
| Market Cap | 113M |
|---|---|
| PE Ratio | 15.25 |
| Target Price | None |
| Dividend Yield | 2.4% |
| Beta | 0.97 |
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and internationally. The company offers turnkey returnable packaging solutions, which are used in the assembly processes of vehicles, aircraft, and durable goods, as well as in production processes of plastic packaging products, packaged consumer goods, and pharmaceuticals; designs and manufactures blow mold tools and injection blow mold tooling products, and 2-step stretch blow molds and related components for the stretch blow molding industry; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industries. It also provides rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles; and development and program management services for custom electromechanical and mechanical systems for original equipment manufacturers (OEM) and customer applications. In addition, the company designs and manufactures proprietary vision technology for OEMs and aftermarket applications, as well as offers aftermarket components to the heavy- and medium-duty truck, motorhome, and bus markets. The Eastern Company was founded in 1858 and is based in Shelton, Connecticut.
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