Insider Selling: Bret R. Maxwell Sells 20,700 Shares of Metalico Stock (MEA)
Metalico (NYSE:MEA) Director Bret R. Maxwell unloaded 20,700 shares of the company’s stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $1.13, for a total transaction of $23,391.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Metalico (NYSE:MEA) opened at 1.13 on Thursday. Metalico has a 52-week low of $1.12 and a 52-week high of $2.68. The stock’s 50-day moving average is $1.29 and its 200-day moving average is $1.73. 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) earnings per share (EPS) for the quarter, missing the 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. Analysts expect that Metalico will post $-0.13 EPS 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).