Neuralstem Insider Karl Johe Unloads 10,000 Shares (CUR)
Neuralstem (NYSE:CUR) Insider Karl Johe unloaded 10,000 shares of the company’s stock on the open market in a transaction dated Thursday, September 19th. The stock was sold at an average price of $2.61, for a total transaction of $26,100.00. Following the completion of the transaction, the insider now directly owns 714,994 shares in the company. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Separately, analysts at Aegis reiterated a “buy” rating on shares of Neuralstem (NYSE:CUR) in a research note to investors on Friday, August 16th.
Shares of Neuralstem (NYSE:CUR) traded down 4.10% during mid-day trading on Thursday, hitting $2.57. 1,082,833 shares of the company’s stock traded hands. Neuralstem has a one year low of $0.88 and a one year high of $3.02. The stock has a 50-day moving average of $1.80 and a 200-day moving average of $1.45. The company’s market cap is $184.1 million.
Neuralstem (NYSE:CUR) last posted its quarterly earnings results on Friday, August 9th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.04. The company had revenue of $0.00 million for the quarter, compared to the consensus estimate of $0.08 million. Analysts expect that Neuralstem will post $-0.22 EPS for the current fiscal year.
Neuralstem, Inc is focused on developing and commercializing of treatments for central nervous system disease based on transplanting human neural stem cells and small molecule drugs.
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