Athersys EVP Unloads $8,280 in Stock (ATHX)
Athersys (NASDAQ:ATHX) EVP Robert J. Deans unloaded 5,080 shares of Athersys stock in a transaction that occurred on Thursday, June 19th. The stock was sold at an average price of $1.63, for a total transaction of $8,280.40. Following the transaction, the executive vice president now directly owns 468,195 shares of the company’s stock, valued at approximately $763,158. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Athersys (NASDAQ:ATHX) traded down 2.42% during mid-day trading on Thursday, hitting $1.61. The stock had a trading volume of 910,639 shares. Athersys has a one year low of $1.08 and a one year high of $4.33. The stock has a 50-day moving average of $1.57 and a 200-day moving average of $2.7. The company’s market cap is $124.0 million.
Athersys (NASDAQ:ATHX) last announced its earnings results on Thursday, May 8th. The company reported ($0.09) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.10) by $0.01. The company had revenue of $0.71 million for the quarter, compared to the consensus estimate of $0.66 million. The company’s quarterly revenue was up 116.9% on a year-over-year basis. On average, analysts predict that Athersys will post $-0.40 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on ATHX shares. Analysts at Edison Investment Research reiterated a “neutral” rating on shares of Athersys in a research note on Tuesday, May 6th. Analysts at First Analysis initiated coverage on shares of Athersys in a research note on Tuesday, April 29th. They set an “overweight” rating and a $5.00 price target on the stock.
Athersys, Inc is a biopharmaceutical company engaged in the discovery and development of therapeutic product candidates designed to extend and improve the quality of human life.
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