Libbey, Inc. (LBY): Price and Financial Metrics
LBY Price/Volume Stats
|Current price||$0.80||52-week high||$3.59|
|Prev. close||$0.81||52-week low||$0.41|
|Day high||$0.84||Avg. volume||210,148|
|50-day MA||$0.82||Dividend yield||N/A|
|200-day MA||$1.52||Market Cap||17.96M|
LBY Stock Price Chart Interactive Chart >
Libbey, Inc. (LBY) Company Bio
Libbey Inc. manufactures and markets glass tableware products worldwide. The company markets its products to foodservice distributors, mass merchants, department stores, retail distributors, national retail chains, specialty housewares stores, candle and food packers, decorators, breweries, distilleries, craft industries, gourmet food-packing companies, and customers using glass containers for candle and floral applications. The company was founded in 1818 and is based in Toledo, Ohio.
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Below are the latest news stories about Libbey Inc that investors may wish to consider to help them evaluate LBY as an investment opportunity.
Libbey files for bankruptcy
Libbey (LBY) has filed for voluntary Chapter 11 bankruptcy, and its international subsidiaries in Canada, China, Mexico, the Netherlands and Portugal aren't included in this proceedings. The company's existing lenders have agreed to provide up to $160M in debtor-in-possession financing, including a $100M revolving credit facility and a $60M term loan. Mike...
Libbey Glass Inc. -- Moody's downgrades Libbey's PDR to D-PD following chapter 11 filing
Moody's Investors Service, ("Moody's") downgraded Libbey Glass Inc.'s (Libbey) Probability of Default Rating (PDR) to D-PD from Caa2-PD following the company's announcement that it has filed for protection under Chapter 11 of the US Bankruptcy Code. At the same time Moody's downgraded Libbey's Corporate Family Rating (CFR) to Ca from Caa2 and the company's senior secured first lien term loan to Ca from Caa2.
Glassware Maker Libbey Goes Bankrupt With Bars, Restaurants Shut
(Bloomberg) -- Libbey Inc., the U.S. glassware maker, filed for bankruptcy after the Covid-19 pandemic intensified a burdensome debt load and strained its access to cash.The company filed for Chapter 11 protection from creditors in Delaware after the virus and related state-imposed lockdowns gutted demand for its tumblers, mugs and bowls among key food-service customers like restaurants and bars. Libbey had been reviewing its debt pile before the outbreak and had already tried and failed to refinance its term loans, according to court papers.Libbey listed assets of as much as $500 million and liabilities of at least that amount in its bankruptcy petition. The company reported about $400 million of long-term debt in its annual report released in February. Its international business entit...
Libbey, Glass Tableware Maker, Files for Bankruptcy
Libbey has suffered greatly from the coronavirus pandemic. The filing doesn't apply to its overseas units.
Libbey Commences Chapter 11 Reorganization with $160 Million in Agreed Financing
Libbey Inc. (NYSE American: LBY) ("Libbey" or the "Company"), one of the world's largest glass tableware manufacturers, today announced that the Company and its U.S.-based subsidiaries have filed voluntary petitions for a court-supervised reorganization under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. Libbey's international subsidiaries in Canada, China, Mexico, the Netherlands and Portugal are not included in the Chapter 11 proceedings and are operating in the normal course of business.
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Continue Researching LBYHere are a few links from around the web to help you further your research on Libbey Inc's stock as an investment opportunity:
Libbey Inc (LBY) Stock Price | Nasdaq
Libbey Inc (LBY) Stock Quote, History and News - Yahoo Finance
Libbey Inc (LBY) Stock Price and Basic Information | MarketWatch
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