Insider Buying: Ovascience Director Purchases 1,063 Shares of Stock (OVAS)
Ovascience (NASDAQ:OVAS) Director Harald F. Stock bought 1,063 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were purchased at an average cost of $7.01 per share, for a total transaction of $7,451.63. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Ovascience (NASDAQ:OVAS) opened at 7.47 on Friday. Ovascience has a 52 week low of $5.509 and a 52 week high of $16.00. The stock’s 50-day moving average is $7.47 and its 200-day moving average is $8.92. The company’s market cap is $174.4 million.
Ovascience (NASDAQ:OVAS) last posted its quarterly earnings results on Thursday, May 8th. The company reported ($0.41) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.46) by $0.05. Analysts expect that Ovascience will post $-1.92 EPS for the current fiscal year.
OVAS has been the subject of a number of recent research reports. 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.
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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