Shares last traded at $93.43 marginally over the 50 day moving average which is $85.73 and impressively higher than the 200 day moving average of $80.86. The 50 day moving average moved up $7.70 and the 200 day average moved up $12.57. Trading was light with 2,217 shares changing hands on Tuesday. Volume was down 74.26% under the stocks average daily volume.
Investors are more bullish on shares of the company lately as evidenced by the change in short interest. The firm realized a fall in short interest between September 15, 2017 and September 29, 2017 of -17.83%. Short interest fell from 17,005 to 13,973 over that timeframe. Days to cover decreased 0.0 to 1.0 and the percentage of shorted shares is 0.00% as of September 29.
Here is a rundown on some insider market activity for United States Lime & Minerals, (NASDAQ:USLM). Timothy W. Byrne, President & CEO disclosed the sale of 10,845 shares. The shares were sold on August 25th for an average price of $77.26. Byrne now owns $1,923,388 of the stock according to the SEC filing.
A few notable investment firms have updated their holdings. As of the end of the quarter Perkins Investment Management, LLC had acquired 22,075 shares growing its position 18.9%. The value in dollars increased from $8,852,000 to $10,973,000 increasing 24.0% quarter over quarter. As of quarter end Acadian Asset Management LLC had sold a total of 3,508 shares trimming its holdings by 69.8%. The value of the investment in United States Lime & Minerals, went from $394,000 to $128,000 a change of $266,000 since the last quarter.
Dalton Greiner Hartman Maher & Co bolstered its holdings by buying 116 shares an increase of 0.5% as of 09/30/2017. Dalton Greiner Hartman Maher & Co controls 25,547 shares with a value of $2,146,000. The total value of its holdings increased 7.5%. Denali Advisors LLC expanded its position by buying 17 shares an increase of 44.7%. Denali Advisors LLC owns 55 shares worth $5,000. The value of the position overall is up by 66.7%.
United States Lime & Minerals, currently has a P/E ratio of 26.17 and the market value is 521.15M.
United States Lime & Minerals, Inc., launched on October 4, 1950, is a manufacturer of lime and limestone products. The Business’s segments include Lime and Limestone operations, and Natural gas interests. The Company, through its Lime and Limestone Operations, is a manufacturer of lime and limestone products, supplying primarily the construction (including highway, road and building contractors), environmental (including municipal sanitation and water treatment facilities, and flue gas treatment processes), industrial (including paper and glass manufacturers), metals (including steel producers), roof shingle, oil and gas services, and agriculture (including poultry and cattle feed producers) industries. The Company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Oklahoma and Texas..