IRIDEX VP Sells $13,530 in Stock (IRIX)
IRIDEX (NASDAQ:IRIX) VP Ronald Steckel unloaded 1,650 shares of the stock on the open market in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $8.20, for a total transaction of $13,530.00. Following the sale, the vice president now directly owns 1,964 shares of the company’s stock, valued at approximately $16,105. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of IRIDEX (NASDAQ:IRIX) traded up 0.70% during mid-day trading on Wednesday, hitting $8.65. 9,719 shares of the company’s stock traded hands. IRIDEX has a 52-week low of $5.28 and a 52-week high of $11.00. The stock’s 50-day moving average is $8.50 and its 200-day moving average is $9.00. The company has a market cap of $86.1 million and a P/E ratio of 47.20.
IRIDEX (NASDAQ:IRIX) last released its earnings data on Thursday, May 1st. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.06 by $0.01. The company had revenue of $10.30 million for the quarter, compared to the consensus estimate of $8.90 million. On average, analysts predict that IRIDEX will post $0.20 earnings per share for the current fiscal year.
IRIDEX Corporation is a worldwide provider of therapeutic based laser systems, delivery devices and consumable instrumentation used to treat eye diseases in ophthalmology.
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