Gear4music (G4M) Releases Earnings Results

Gear4music (LON:G4M) announced its quarterly earnings results on Tuesday. The company reported GBX (1.80) (($0.02)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Gear4music had a net margin of 0.01% and a return on equity of 0.06%.

Shares of LON G4M traded up GBX 15 ($0.20) during trading hours on Thursday, reaching GBX 565 ($7.38). The stock had a trading volume of 10,956 shares, compared to its average volume of 19,725. Gear4music has a 52-week low of GBX 505.20 ($6.60) and a 52-week high of GBX 894.64 ($11.69).

Separately, Peel Hunt reiterated a “buy” rating on shares of Gear4music in a report on Friday, July 27th.

Gear4music Company Profile

Gear4music (Holdings) plc engages in the retail of musical instruments and equipment in Europe and internationally. It offers electric, acoustic, and bass guitars; drums and percussion products, including electronic drums and drum pads, e-drum accessories, hybrid drumming products, acoustic drum kits, acoustic kit types, individual drums, cymbals, snare and frame drums, drum hardware products, drum accessories, and various percussion products; and pianos and keyboards, such as digital, acoustic, and grand pianos, as well as MIDI keyboards, synth key products, and accessories.

Further Reading: Leveraged Buyout (LBO) Explained

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