America Service Group Stock To Go Ex-dividend Tomorrow (ASGR)
The ex-dividend date for America Service Group (Nasdaq:ASGR) is tomorrow, March 18, 2011. Owners of shares as of market close today will be eligible for a dividend of six cents per share. At a price of $25.73 as of 9:30 a.m., the dividend yield is 0.9%.
NEW YORK ( TheStreet) -- The ex-dividend date for America Service Group (Nasdaq: ASGR) is tomorrow, March 18, 2011. Owners of shares as of market close today will be eligible for a dividend of six cents per share. At a price of $25.73 as of 9:30 a.m. ET, the dividend yield is 0.9%. The average volume for America Service Group has been 111,700 shares per day over the past 30 days. America Service Group has a market cap of $238.5 million and is part of the health care sector and health services industry. Shares are up 69.6% year to date as of the close of trading on Wednesday. America Service Group Inc., through its subsidiaries, provides managed healthcare services to correctional facilities primarily in the United States. The company has a P/E ratio of 23.5, below the average health services industry P/E ratio of 24.4 and above the S&P 500 P/E ratio of 15.9. TheStreet Ratings rates America Service Group as buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full America Service Group Ratings Report. See our dividend calendar or top-yielding stocks list.
Shares of America Service Group (Nasdaq:ASGR) have taken a tremendous swing upward. The stock is trading at $25.78 as of 9:31 a.m. ET, 47.4% above Wednesday's closing price of $17.49. Volume is at 13,193, 0.4 times the daily average of 32,200.
Gregg Greenberg breaks down today's market action. Guests include Bob Millen, portfolio manager for the Jensen Fund, David Joy, chief strategist at Columbia Management and Michael Corbett, portfolio manager for the Perritt Emerging Opportunities Fund.