Ovascience Director Richard Aldrich Purchases 2,000 Shares (OVAS)
Ovascience (NASDAQ:OVAS) Director Richard Aldrich bought 2,000 shares of Ovascience stock in a transaction that occurred on Monday, June 2nd. The stock was purchased at an average price of $7.29 per share, with a total value of $14,580.00. Following the completion of the transaction, the director now directly owns 526,445 shares of the company’s stock, valued at approximately $3,837,784. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on OVAS shares. Analysts at HC Wainwright reiterated a “buy” rating on shares of Ovascience in a research note on Monday, May 12th. Separately, analysts at Oppenheimer initiated coverage on shares of Ovascience in a research note on Tuesday, April 29th. They set an “outperform” rating and a $11.00 price target on the stock. Finally, analysts at Leerink Swann raised their price target on shares of Ovascience to $16.00 in a research note on Thursday, April 3rd.
Shares of Ovascience (NASDAQ:OVAS) traded down 1.66% on Wednesday, hitting $7.11. 3,600 shares of the company’s stock traded hands. Ovascience has a one year low of $5.509 and a one year high of $16.00. The stock’s 50-day moving average is $7.52 and its 200-day moving average is $8.96. The company’s market cap is $166.0 million.
Ovascience (NASDAQ:OVAS) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.41) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.46) by $0.05. On average, analysts predict that Ovascience will post $-1.92 earnings per share for the current fiscal year.
OvaScience, Inc, is a life science company developing products to improve the treatment of female infertility based on recent scientific discoveries about the existence of egg precursor cells.
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