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RGR - Sturm Ruger & Company: Hunting For A Bargain
Sturm Ruger & Company Inc.
2024-02-07 03:39:19 ET
Summary
Sturm, Ruger & Company is an American firearms manufacturer that sells a wide range of products catering to civilian, law enforcement, and military users.
The company's recent performance has been negatively impacted by a decline in demand and working capital trends, resulting in a decrease in earnings and cash flow.
Valuing RGR is challenging due to the unpredictable nature of firearms demand, making it difficult to recommend a buy or sell. The company also faces risks such as litigation and restrictive gun control measures.
We are waiting for deeper liquidity and higher vol on the options chain to take a structured position.