GlassBridge Enterprises (OTCMKTS:GLAE) Trading Up 8.6%

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GlassBridge Enterprises, Inc. (OTCMKTS:GLAEGet Rating)’s stock price was up 8.6% during mid-day trading on Wednesday . The stock traded as high as $9.00 and last traded at $9.00. Approximately 2 shares were traded during trading, a decline of 98% from the average daily volume of 93 shares. The stock had previously closed at $8.29.

The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.06 and a current ratio of 2.06. The company has a 50 day simple moving average of $15.80 and a 200-day simple moving average of $11.58.

GlassBridge Enterprises Company Profile (OTCMKTS:GLAE)

GlassBridge Enterprises, Inc, through its subsidiaries, owns and operates an asset management business in the United States. It offers investment advisory services to third party investors through managed funds, as well as separate managed accounts. The company was formerly known as Imation Corp. and changed its name to GlassBridge Enterprises, Inc in February 2017.

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