Insider Selling: Ronald Steckel Sells 1,650 Shares of IRIDEX Stock (IRIX)
IRIDEX (NASDAQ:IRIX) VP Ronald Steckel unloaded 1,650 shares of the stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $10.42, for a total value of $17,193.00. Following the transaction, the vice president now directly owns 36,850 shares of the company’s stock, valued at approximately $383,977. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
IRIDEX (NASDAQ:IRIX) traded up 3.35% on Tuesday, hitting $10.80. 77,125 shares of the company’s stock traded hands. IRIDEX has a 1-year low of $3.92 and a 1-year high of $10.99. The stock’s 50-day moving average is $9.78 and its 200-day moving average is $7.33. The company has a market cap of $105.9 million and a P/E ratio of 49.29.
IRIDEX Corporation is a worldwide provider of therapeutic based laser systems, delivery devices and consumable instrumentation used to treat eye diseases in ophthalmology.
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