Caterpillar bids for Australia’s RPMGlobal- AFR
In recent transactions involving Vislink Technologies, Inc. (NASDAQ:VISL), Hale Capital Partners (WA:CPAP), LP, a significant shareholder, acquired shares worth approximately $5,000. The purchases occurred at prices ranging from $2.483 to $9.985 per share, as disclosed in a recent SEC filing. The stock, currently trading at $2.55, has experienced significant volatility, with a 52-week range of $1.46 to $8.15. According to InvestingPro analysis, the company maintains a strong liquidity position with a current ratio of 4.56x, though it has seen a notable decline of over 58% in the past six months. These transactions reflect Hale Capital's continued investment in the communications equipment company. The shares are directly owned by Hale Capital Partners, with Martin M. Hale, Jr., CEO of Hale Fund Management, LLC, potentially deemed to have beneficial ownership due to his executive roles in related entities. InvestingPro data reveals that while the company holds more cash than debt on its balance sheet, it faces profitability challenges. Discover 8 additional key insights about VISL's financial health and market position with an InvestingPro subscription.
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