Insider Selling: J Philip Mccormick Sells 8,557 Shares of PostRock Energy Stock (PSTR)
PostRock Energy (NASDAQ:PSTR) Director J Philip Mccormick unloaded 8,557 shares of the company’s stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $1.40, for a total transaction of $11,979.80. Following the completion of the transaction, the director now directly owns 120,000 shares of the company’s stock, valued at approximately $168,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
PostRock Energy (NASDAQ:PSTR) traded down 3.34% on Friday, hitting $1.45. 14,586 shares of the company’s stock traded hands. PostRock Energy has a 52 week low of $1.08 and a 52 week high of $2.10. The stock has a 50-day moving average of $1.37 and a 200-day moving average of $1.32. The company’s market cap is $43.9 million.
PostRock Energy (NASDAQ:PSTR) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.25) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.24) by $0.01. The company had revenue of $21.80 million for the quarter, compared to the consensus estimate of $18.20 million. Analysts expect that PostRock Energy will post $-0.73 EPS for the current fiscal year.
PostRock Energy Corporation is a United States-based company that engages in the acquisition, exploration, development, production and transportation of oil and natural gas.
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