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Transcat (NASDAQ:TRNS) Director Alan H. Resnick bought 5,000 shares of Transcat stock on the open market in a transaction dated Tuesday, May 27th. The shares were purchased at an average price of $9.22 per share, for a total transaction of $46,100.00. Following the completion of the transaction, the director now directly owns 31,400 shares of the company’s stock, valued at approximately $289,508. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Transcat (NASDAQ:TRNS) traded up 1.33% during mid-day trading on Thursday, hitting $9.17. The stock had a trading volume of 9,693 shares. Transcat has a 52-week low of $6.41 and a 52-week high of $10.00. The stock’s 50-day moving average is $9.29 and its 200-day moving average is $8.76. The company has a market cap of $61.6 million and a price-to-earnings ratio of 16.76.

Transcat (NASDAQ:TRNS) last announced its earnings results on Tuesday, May 20th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.04. On average, analysts predict that Transcat will post $0.64 earnings per share for the current fiscal year.

Transcat, Inc (NASDAQ:TRNS), is a distributor of professional grade handheld test and measurement instruments and a provider of calibration, repair and other measurement services.

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