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Stock News Update: Hubbell Incorporated (NYSE:HUBB)

Hubbell Incorporated (NYSE:HUBB) spotted trading -22.95% off 52-week high price. On the other end, the stock has been noted 39.49% away from the low price over the last 52-weeks. The stock changed 0.62% to recent value of $119.43. The stock transacted 389520 shares during most recent day however it has an average volume of 378.49K shares. The company has 55.04M of outstanding shares and 54.13M shares were floated in the market.

On April 24, 2020, The Board of Directors of Hubbell Incorporated (NYSE:HUBB) released a regular quarterly dividend of $0.91 per share on the Company’s common stock. The dividend will be paid on June 15, 2020 to shareholders of record on May 29, 2020.

Hubbell Incorporated is an international manufacturer of high quality, reliable electrical products and utility solutions for a broad range of customer and end market applications. With 2019 revenues of $4.6 billion, Hubbell Incorporated operates manufacturing facilities in the United States and around the world.  The corporate headquarters is located in Shelton, CT.

Its earnings per share (EPS) expected to touch remained 13.60% for this year while earning per share for the next 5-years is expected to reach at 9.30%. HUBB has a gross margin of 29.90% and an operating margin of 13.30% while its profit margin remained 8.70% for the last 12 months.

According to the most recent quarter its current ratio was 1.9 that represents company’s ability to meet its current financial obligations. The price moved ahead of 2.79% from the mean of 20 days, -2.50% from mean of 50 days SMA and performed -10.97% from mean of 200 days price. Company’s performance for the week was -0.86%, 11.36% for month and YTD performance remained -19.21%.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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