Insider Selling: Span-America Medical Director Sells 1,000 Shares of Stock (SPAN)
Span-America Medical (NASDAQ:SPAN) Director William Derrill Darby sold 1,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 19th. The shares were sold at an average price of $22.00, for a total transaction of $22,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Span-America Medical (NASDAQ:SPAN) opened at 22.06 on Tuesday. Span-America Medical has a 52-week low of $18.12 and a 52-week high of $25.02. The stock has a 50-day moving average of $21.38 and a 200-day moving average of $21.00. The company has a market cap of $65.3 million and a price-to-earnings ratio of 16.45.
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. On average, analysts predict that Span-America Medical will post $1.24 earnings per share 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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