American Superconductor Corp. CFO David A. Henry Unloads 11,250 Shares (AMSC)
American Superconductor Corp. (NASDAQ:AMSC) CFO David A. Henry sold 11,250 shares of the company’s stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $1.49, for a total transaction of $16,762.50. Following the sale, the chief financial officer now directly owns 243,433 shares in the company, valued at approximately $362,715. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
American Superconductor Corp. (NASDAQ:AMSC) traded up 1.39% during mid-day trading on Thursday, hitting $1.46. The stock had a trading volume of 434,658 shares. American Superconductor Corp. has a one year low of $1.25 and a one year high of $3.06. The stock has a 50-day moving average of $1.4 and a 200-day moving average of $1.5. The company’s market cap is $116.0 million.
American Superconductor Corp. (NASDAQ:AMSC) last announced its earnings results on Thursday, June 5th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.03. The company had revenue of $16.30 million for the quarter, compared to the consensus estimate of $16.25 million. During the same quarter in the previous year, the company posted ($0.21) earnings per share. The company’s revenue for the quarter was down 20.1% on a year-over-year basis. On average, analysts predict that American Superconductor Corp. will post $-0.49 earnings per share for the current fiscal year.
American Superconductor Corporation manufactures high temperature superconductor wire from metal precursors.