Metalico Director Sells $23,391 in Stock (MEA)
Metalico (NYSE:MEA) Director Bret R. Maxwell sold 20,700 shares of the stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $1.13, for a total transaction of $23,391.00. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Metalico (NYSE:MEA) traded up 0.89% on Wednesday, hitting $1.13. 43,921 shares of the company’s stock traded hands. Metalico has a 52 week low of $1.12 and a 52 week high of $2.68. The stock has a 50-day moving average of $1.30 and a 200-day moving average of $1.74. The company’s market cap is $54.5 million.
Metalico (NYSE:MEA) last released its earnings data on Thursday, May 15th. The company reported ($0.08) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.05) by $0.03. The company had revenue of $135.00 million for the quarter, compared to the consensus estimate of $133.50 million. On average, analysts predict that Metalico will post $-0.13 earnings per share for the current fiscal year.
Metalico, Inc (NYSE:MEA), operates in three business segments: ferrous and non-ferrous scrap metal recycling, Scrap Metal Recycling), platinum group and minor metals recycling (PGM and Minor Metals Recycling) and lead metal product fabricating (Lead Fabricating).
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