Neuralstem Insider Karl Johe Sells 10,000 Shares (CUR)
Neuralstem (NYSE:CUR) Insider Karl Johe sold 10,000 shares of the stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $2.62, for a total value of $26,200.00. Following the transaction, the insider now directly owns 704,994 shares in the company, valued at approximately $1,847,084. The sale was disclosed in a legal filing 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.
Neuralstem (NYSE:CUR) traded down 3.88% during mid-day trading on Monday, hitting $2.48. 1,217,806 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’s 50-day moving average is $1.85 and its 200-day moving average is $1.4. The company’s market cap is $177.7 million.
Neuralstem (NYSE:CUR) last issued its quarterly earnings data on Friday, August 9th. The company reported ($0.09) earnings per share for the quarter, missing the analysts’ 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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