MSA Safety Incorporated (MSA) is Downgraded by Sidoti to Neutral

MSA Safety Incorporated (MSA) was Downgraded by Sidoti to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Sidoti advised their investors in a research report released on Apr 19, 2016.

On the company’s financial health, MSA Safety Incorporated reported $0.59 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Oct 21, 2015. Analyst had a consensus of $0.60. The company had revenue of $273.80 million for the quarter, compared to analysts expectations of $270.82 million. The company’s revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.57 EPS.

MSA Safety Incorporated closed down -0.16 points or -0.33% at $49.06 with 50,496 shares getting traded on Monday. Post opening the session at $49.2, the shares hit an intraday low of $48.92 and an intraday high of $49.41 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Mar 16, 2016, Paul R Uhler (Vice President) sold 4,731 shares at $46.25 per share price. According to the SEC, on Mar 14, 2016, Kerry M Bove (President) sold 4,731 shares at $45.09 per share price. On Mar 14, 2016, Ronald N Jr Herring (President) sold 33 shares at $46.34 per share price, according to the Form-4 filing with the securities and exchange commission.

MSA Safety Incorporated

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