Merit Medical Systems COO Sells $71,250 in Stock (MMSI)
Merit Medical Systems (NASDAQ:MMSI) COO Ronald Frost sold 5,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 19th. The stock was sold at an average price of $14.25, for a total value of $71,250.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Merit Medical Systems (NASDAQ:MMSI) traded down 1.12% on Monday, hitting $14.14. 97,999 shares of the company’s stock traded hands. Merit Medical Systems has a 52 week low of $10.55 and a 52 week high of $17.08. The stock has a 50-day moving average of $13.8 and a 200-day moving average of $14.47. The company has a market cap of $607.6 million and a price-to-earnings ratio of 32.57.
Merit Medical Systems (NASDAQ:MMSI) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.01. The company had revenue of $119.20 million for the quarter, compared to the consensus estimate of $114.54 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The company’s quarterly revenue was up 14.7% on a year-over-year basis. Analysts expect that Merit Medical Systems will post $0.76 EPS for the current fiscal year.
Merit Medical Systems, Inc (NASDAQ:MMSI) designs, develops, manufactures and markets medical devices used in interventional and diagnostic procedures.
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