Insider Buying: Ovascience Director Buys 4,500 Shares of Stock (OVAS)
Ovascience (NASDAQ:OVAS) Director Harald Stock bought 4,500 shares of the stock on the open market in a transaction dated Thursday, September 12th. The shares were purchased at an average cost of $10.64 per share, with a total value of $47,880.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Separately, analysts at Wedbush initiated coverage on shares of Ovascience (NASDAQ:OVAS) in a research note to investors on Wednesday, September 4th. They set an “outperform” rating and a $20.00 price target on the stock.
Ovascience (NASDAQ:OVAS) traded down 6.67% during mid-day trading on Thursday, hitting $10.22. 133,252 shares of the company’s stock traded hands. Ovascience has a 1-year low of $7.50 and a 1-year high of $16.00. The stock’s 50-day moving average is $12.32 and its 200-day moving average is $11.96. The company’s market cap is $172.6 million.
Ovascience (NASDAQ:OVAS) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by $0.08. Analysts expect that Ovascience will post $-1.41 EPS for the current fiscal year.
OvaScience, Inc, is a life science company developing products to improve the treatment of female infertility based on recent scientific discoveries about the existence of egg precursor cells.
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