Utah Medical Products (UTMD) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS
Utah Medical Products (NASDAQ:UTMD) posted its quarterly earnings results on Thursday. The company reported $0.75 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.69 by $0.06, American Banking News.com reports. The company had revenue of $10.49 million for the quarter, compared to the consensus estimate of $10.00 million.
Shares of Utah Medical Products (NASDAQ:UTMD) traded down 1.38% on Thursday, hitting $50.375. 719 shares of the company’s stock traded hands. Utah Medical Products has a one year low of $44.52 and a one year high of $60.89. The stock has a 50-day moving average of $51.19 and a 200-day moving average of $52.61. The company has a market cap of $189.3 million and a price-to-earnings ratio of 16.95.
Utah Medical Products, Inc (NASDAQ:UTMD) is in the business of producing medical devices that are, disposable and for hospital use.
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