Acacia Research Corp

NASDAQ:ACTG   3:33:00 PM EDT
3.67
+0.09 (+2.51%)
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Market Cap (Intraday)352.94M
Current PEN/A
Forward PE 33.36
2yr Forward PE N/A
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Estimates Current Quarter
Revenue$55 Million
Adjusted EPS-$0.05
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10-Day MA$3.65
50-Day MA$3.56
200-Day MA$4.07
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Acacia Research Corp Stock, NASDAQ:ACTG

767 Third Avenue, 6th Floor, New York, New York 10017
United States of America
Phone: +1.332.236.8484
Number of Employees: 172

Description

Acacia Research Corp. focuses on acquiring and operating businesses across the industrial, energy, and mature technology sectors where it believes it can leverage its expertise, significant capital base, and deep industry relationships to drive value. It operates through the following business segments: Intellectual Property Operations, Industrial Operations and Energy Operations. The Intellectual Property Operations segment invests in IP and related absolute return assets and engages in the licensing and enforcement of patented technologies. The Industrial Operations segment generates operating income by designing and manufacturing printers and consumable products for various industrial printing applications. The Energy Operations segment engages in the acquisition, exploration, development, and production of oil and natural gas resources located in Roberts and Hemphill Counties in Texas. The company was founded by Robert Bruce Stewart on January 25, 1993 and is headquartered in New York, NY.