Insider Selling: Span-America Medical Director Unloads 1,000 Shares of Stock (SPAN)
Span-America Medical (NASDAQ:SPAN) Director William Derrill Darby sold 1,000 shares of the stock in a transaction dated Thursday, June 19th. The shares were sold at an average price of $22.00, for a total value of $22,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Span-America Medical (NASDAQ:SPAN) traded down 4.23% during mid-day trading on Friday, hitting $21.03. 345 shares of the company’s stock traded hands. Span-America Medical has a 1-year low of $18.12 and a 1-year high of $25.02. The stock has a 50-day moving average of $21.35 and a 200-day moving average of $20.98. The company has a market cap of $62.3 million and a price-to-earnings ratio of 16.38.
Span-America Medical (NASDAQ:SPAN) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.04. The company had revenue of $14.70 billion for the quarter, compared to the consensus estimate of $16.07 billion. Analysts expect that Span-America Medical will post $1.24 EPS for the current fiscal year.
Span-America Medical Systems, Inc manufactures and distributes a variety of therapeutic support surfaces and related products utilizing polyurethane and other foam products for the medical, consumer and industrial markets.
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