Merit Medical Systems CFO Kent W. Stanger Sells 6,000 Shares (MMSI)
Merit Medical Systems (NASDAQ:MMSI) CFO Kent W. Stanger sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $14.02, for a total transaction of $84,120.00. Following the completion of the transaction, the chief financial officer now directly owns 708,836 shares of the company’s stock, valued at approximately $9,937,881. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Merit Medical Systems (NASDAQ:MMSI) traded up 0.43% during mid-day trading on Thursday, hitting $14.05. The stock had a trading volume of 213,984 shares. Merit Medical Systems has a 52-week low of $10.55 and a 52-week high of $17.08. The stock has a 50-day moving average of $13.61 and a 200-day moving average of $14.57. The company has a market cap of $603.8 million and a P/E ratio of 31.87.
Merit Medical Systems (NASDAQ:MMSI) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.13 by $0.01. The company had revenue of $119.20 million for the quarter, compared to the consensus estimate of $114.54 million. During the same quarter last year, the company posted $0.10 earnings per share. Merit Medical Systems’s revenue was up 14.7% compared to the same quarter last year. On average, analysts predict that Merit Medical Systems will post $0.76 earnings per share for the current fiscal year.
Merit Medical Systems, Inc (NASDAQ:MMSI) designs, develops, manufactures and markets medical devices used in interventional and diagnostic procedures.
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