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Span-America Medical (NASDAQ:SPAN) Director Thomas D. Henrion sold 2,000 shares of the stock on the open market in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $20.28, for a total value of $40,560.00. Following the completion of the sale, the director now directly owns 130,784 shares in the company, valued at approximately $2,652,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Separately, analysts at Sidoti initiated coverage on shares of Span-America Medical in a research note to investors on Monday, November 18th. They set a “buy” rating on the stock.

Shares of Span-America Medical (NASDAQ:SPAN) traded down 1.44% on Thursday, hitting $20.50. 12,481 shares of the company’s stock traded hands. Span-America Medical has a one year low of $17.80 and a one year high of $23.73. The stock has a 50-day moving average of $20.88 and a 200-day moving average of $20.39. The company has a market cap of $60.0 million and a P/E ratio of 14.33.

Span-America Medical (NASDAQ:SPAN) last announced its earnings results on Wednesday, January 29th. The company reported $0.22 EPS for the quarter. On average, analysts predict that Span-America Medical will post $1.35 earnings per share for the current fiscal year.

Span-America Medical Systems, Inc manufactures and distributes a variety of therapeutic support surfaces and related products utilizing polyurethane and other foam products for the medical, consumer and industrial markets.

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