Insider Buying: Lewis Pell Purchases 16,000 Shares of Vision-Sciences Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis Pell acquired 16,000 shares of the company’s stock in a transaction dated Wednesday, September 18th. The stock was purchased at an average cost of $0.91 per share, for a total transaction of $14,560.00. Following the purchase, the director now directly owns 8,492,227 shares of the company’s stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Vision-Sciences (NASDAQ:VSCI) traded down 2.24% during mid-day trading on Thursday, hitting $0.87. The stock had a trading volume of 25,866 shares. Vision-Sciences has a 1-year low of $0.83 and a 1-year high of $1.40. The stock has a 50-day moving average of $0.94 and a 200-day moving average of $1.01. The company’s market cap is $40.1 million.
Vision-Sciences (NASDAQ:VSCI) last announced its earnings results on Monday, August 12th. The company reported ($0.05) earnings per share (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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