Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and NewGen Products. The Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products under the Zig-Zag brand. The Stoker's Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing tobacco products under the Stoker's, Beech-Nut, Durango, Trophy, and Wind River brands. The NewGen Products segment markets and distributes cannabidiol isolate, liquid vapor products, and other products without tobacco and/or nicotine to individual consumers through VaporFi B2C online platform, as well as non-traditional retail through VaporBeast. It sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, and drug stores. The company was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. Turning Point Brands, Inc. was founded in 1988 and is headquartered in Louisville, Kentucky.
General Outlook
In simple terms, Turning Point Brands, Inc. has 17.605 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.491% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.187%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.030%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust 0.022% return, is a testament to Turning Point Brands, Inc.'s adeptness in optimizing resource deployment. Turning Point Brands, Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.098%. Furthermore, the proficiency of Turning Point Brands, Inc. in capital utilization is underscored by a remarkable 0.165% return on capital employed.
Stock Prices
Turning Point Brands, Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $23.56, while its low point bottomed out at $22.535. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Turning Point Brands, Inc.'s stock market.
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