Insider Buying: Sharps Compliance Director Buys 4,000 Shares of Stock (SMED)
Sharps Compliance (NASDAQ:SMED) Director Parris Holmes, Jr. purchased 4,000 shares of the stock on the open market in a transaction dated Wednesday, September 11th. The stock was purchased at an average price of $2.70 per share, with a total value of $10,800.00. Following the acquisition, the director now directly owns 838,097 shares of the company’s stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Sharps Compliance (NASDAQ:SMED) traded up 2.29% during mid-day trading on Wednesday, hitting $2.68. 58,834 shares of the company’s stock traded hands. Sharps Compliance has a 1-year low of $2.01 and a 1-year high of $3.64. The stock’s 50-day moving average is $2.64 and its 200-day moving average is $2.81. The company’s market cap is $41.1 million.
Sharps Compliance (NASDAQ:SMED) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.05) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.01. The company had revenue of $5.30 million for the quarter, compared to the consensus estimate of $5.18 million. During the same quarter last year, the company posted ($0.04) earnings per share. Analysts expect that Sharps Compliance will post $-0.07 EPS for the current fiscal year.
Sharps Compliance Corp. is a provider of solutions for management of medical waste and unused dispensed medications generated outside of the hospital and large health care facility setting, serving more than 4,000 customers in all 50 states.
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