Insider Selling: Bret R. Maxwell Unloads 5,010 Shares of Metalico Stock (MEA)
Metalico (NYSE:MEA) Director Bret R. Maxwell unloaded 5,010 shares of the company’s stock in a transaction that occurred on Thursday, June 19th. The stock was sold at an average price of $1.14, for a total value of $5,711.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Metalico (NYSE:MEA) traded up 3.62% on Friday, hitting $1.202. The stock had a trading volume of 58,326 shares. 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 $1.28 and a 200-day moving average of $1.73. The company’s market cap is $58.0 million.
Metalico (NYSE:MEA) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($0.08) earnings per share for the quarter, missing the analysts’ 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).
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