Insider Buying: George Semb Acquires 2,500 Shares of Elecsys Corporation Stock (ESYS)
Elecsys Corporation (NASDAQ:ESYS) Director George Semb purchased 2,500 shares of Elecsys Corporation stock in a transaction dated Thursday, April 10th. The shares were purchased at an average price of $11.90 per share, with a total value of $29,750.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Elecsys Corporation (NASDAQ:ESYS) traded up 0.08% during mid-day trading on Wednesday, hitting $12.89. The stock had a trading volume of 6,304 shares. Elecsys Corporation has a 1-year low of $4.58 and a 1-year high of $17.44. The stock has a 50-day moving average of $13.37 and a 200-day moving average of $11.76. The company has a market cap of $49.2 million and a price-to-earnings ratio of 23.04.
Elecsys Corporation (NASDAQ:ESYS) last released its earnings data on Monday, March 10th. The company reported $0.14 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.05. The company had revenue of $7.68 million for the quarter, compared to the consensus estimate of $7.46 million. Analysts expect that Elecsys Corporation will post $0.54 EPS for the current fiscal year.
Separately, analysts at Sidoti initiated coverage on shares of Elecsys Corporation in a research note on Tuesday, March 4th. They set a “buy” rating on the stock.
Elecsys Corporation (NASDAQ:ESYS) provides machine to machine (M2M) communication technology solutions, data acquisition systems, management systems, and custom electronic equipment for critical industrial applications worldwide.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.