Sturm, Ruger & Co. (RGR) reported fourth quarter adjusted EPS of $0.53 after the bell Wednesday, which topped the consensus estimate of $0.40. The company also declared a dividend of $0.17 per share for the fourth quarter.
Sturm, Ruger & Co. climbed during the first half hour of trade Thursday and advanced further in late trade. Shares finished up by 6.68 at $52.69 on the highest volume of the year. The stock rose to nearly a 6-month high and re-crossed its 200-day moving average.
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