Insider Buying: Lewis Pell Purchases 5,000 Shares of Vision-Sciences Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis Pell acquired 5,000 shares of Vision-Sciences stock on the open market in a transaction dated Friday, September 13th. The stock was purchased at an average cost of $0.92 per share, with a total value of $4,600.00. Following the completion of the purchase, the director now directly owns 8,476,227 shares in the company. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Vision-Sciences (NASDAQ:VSCI) traded down 2.29% on Monday, hitting $0.88. The stock had a trading volume of 68,114 shares. Vision-Sciences has a 52 week low of $0.85 and a 52 week high of $1.40. The stock’s 50-day moving average is $0.95 and its 200-day moving average is $1.01. The company’s market cap is $40.5 million.
Vision-Sciences (NASDAQ:VSCI) last posted its quarterly earnings results on Monday, August 12th. The company reported ($0.05) EPS for the quarter. The company had revenue of $3.70 million for the quarter, compared to the consensus estimate of $34.00 million.
Vision-Sciences, Inc designs, develops, manufactures, and markets products for endoscopy – the science of using an instrument, known as an endoscope, to provide minimally invasive access to areas not readily visible to the human eye.
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