Insider Buying: Authentidate Holding Director Buys 5,000 Shares of Stock (ADAT)
Authentidate Holding (NASDAQ:ADAT) Director Charles C. Lucas III acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, June 13th. The shares were purchased at an average price of $0.69 per share, for a total transaction of $3,450.00. Following the acquisition, the director now directly owns 5,000 shares in the company, valued at approximately $3,450. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Authentidate Holding (NASDAQ:ADAT) opened at 0.6751 on Thursday. Authentidate Holding has a 52-week low of $0.61 and a 52-week high of $1.88. The stock’s 50-day moving average is $0.81 and its 200-day moving average is $1.12. The company’s market cap is $25.9 million.
Authentidate Holding (NASDAQ:ADAT) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $1.20 million for the quarter, compared to the consensus estimate of $1.40 million.
Authentidate Holding Corp. (NASDAQ:ADAT) is a provider of secure health information exchange, workflow management services and telehealth solutions.
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