Wayside Technology Group (NASDAQ:WSTG) spotted trading -21.33% off 52-week high price. On the other end, the stock has been noted 16.80% away from the low price over the last 52-weeks. The stock changed -2.44% to recent value of $11.21. The stock transacted 2248 shares during most recent day however it has an average volume of 4.74K shares. The company has 4.54M of outstanding shares and 3.67M shares were floated in the market.
Wayside Technology Group (NASDAQ:WSTG) reported the appointment of Andrew Bryant to the Board of Directors effective July 9, 2019.
Mr. Bryant has extensive executive-level experience in the technology distribution industry, focusing on value-added distribution of electronic components and computer products globally. From April 2008 to May 2016, Mr. Bryant held executive management positions with Arrow Electronics, a publicly traded global provider of products, services, and solutions to users of electronic components and enterprise computing solutions, that included serving as Chief Operating Officer from May 2014 to May 2016. Prior to that, Mr. Bryant served in a series of executive-level sales, marketing and operational roles with Avnet Mr. Bryant is currently a member of the Board of Directors for ENAVATE Holdings, LLC.
Jeffrey Geygan, Chairman of the Board said “Andy brings a wealth of executive leadership experience with Fortune 500 companies in the technology distribution industry that will provide valuable perspective and make him a welcome addition to our board. He has a proven record of success in operating complex distribution models, driving profitable organic growth and managing acquisition integration. As we continue to drive our business forward, we look forward to having Andy’s added insight and perspective on our board,”.
Mr. Bryant said “I am excited about the opportunity to join the board and work with the Wayside team to build on the success of the organization,”. Its earnings per share (EPS) expected to touch remained -33.50% for this year while earning per share for the next 5-years is expected to reach at 22.00%. WSTG has a gross margin of 14.70% and an operating margin of 2.20% while its profit margin remained 1.80% for the last 12 months.
According to the most recent quarter its current ratio was 1.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of -1.56% from the mean of 20 days, -4.29% from mean of 50 days SMA and performed -3.11% from mean of 200 days price. Company’s performance for the week was 0.04%, -1.49% for month and YTD performance remained 12.10%.
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