TeleNav VP Unloads $28,700 in Stock (TNAV)
TeleNav (NASDAQ:TNAV) VP Dariusz Paczuski sold 5,000 shares of TeleNav stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $5.74, for a total transaction of $28,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
TeleNav (NASDAQ:TNAV) traded up 0.18% on Wednesday, hitting $5.68. The stock had a trading volume of 37,488 shares. TeleNav has a one year low of $4.91 and a one year high of $7.32. The stock has a 50-day moving average of $6.0 and a 200-day moving average of $6.30. The company’s market cap is $222.4 million.
TeleNav (NASDAQ:TNAV) last posted its quarterly earnings results on Thursday, April 24th. The company reported ($0.19) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.01. The company had revenue of $34.50 million for the quarter, compared to the consensus estimate of $35.00 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The company’s revenue for the quarter was down 37.3% on a year-over-year basis. Analysts expect that TeleNav will post $-0.24 EPS for the current fiscal year.
TeleNav, Inc, formerly TNAV Holdings, Inc, is a provider of location based services (NASDAQ:TNAV), including voice guided navigation on mobile phones.
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