Mandalay Digital Group COO Sells $11,901 in Stock (MNDL)
Mandalay Digital Group (NASDAQ:MNDL) COO William Gordon Stone III sold 2,917 shares of Mandalay Digital Group stock on the open market in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $4.08, for a total value of $11,901.36. Following the transaction, the chief operating officer now directly owns 291,250 shares of the company’s stock, valued at approximately $1,188,300. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Mandalay Digital Group (NASDAQ:MNDL) traded up 2.41% on Friday, hitting $4.25. The stock had a trading volume of 235,620 shares. Mandalay Digital Group has a 52 week low of $2.28 and a 52 week high of $4.89. The stock has a 50-day moving average of $3.73 and a 200-day moving average of $3.66. The company’s market cap is $158.9 million.
Mandalay Digital Group (NASDAQ:MNDL) last issued its quarterly earnings data on Monday, June 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.03. The company had revenue of $6.10 million for the quarter, compared to the consensus estimate of $6.98 million. During the same quarter in the previous year, the company posted ($0.13) earnings per share. On average, analysts predict that Mandalay Digital Group will post $-0.01 earnings per share for the current fiscal year.
Mandalay Digital Group, Inc (NASDAQ:MNDL), formerly NeuMedia, Inc, is a provider of mobile services enabling mobile content distribution and transactions serving mobile operators, end consumers, and original equipment manufacturers (OEM’s) of mobile devices and tablets.
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