Insider Buying: Digirad CFO Buys 2,000 Shares of Stock (DRAD)
Digirad (NASDAQ:DRAD) CFO Jeffry R. Keyes bought 2,000 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average cost of $3.13 per share, for a total transaction of $6,260.00. Following the acquisition, the chief financial officer now directly owns 12,300 shares in the company, valued at approximately $38,499. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Digirad (NASDAQ:DRAD) opened at 3.26 on Tuesday. Digirad has a 52-week low of $2.43 and a 52-week high of $4.85. The stock has a 50-day moving average of $3.39 and a 200-day moving average of $3.43. The company has a market cap of $60.6 million and a price-to-earnings ratio of 15.21.
Digirad (NASDAQ:DRAD) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.03 by $0.01. The company had revenue of $14.60 million for the quarter, compared to the consensus estimate of $12.90 million. Analysts expect that Digirad will post $0.09 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, August 25th. Shareholders of record on Tuesday, August 12th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 6.13%. The ex-dividend date of this dividend is Friday, August 8th.
Digirad Corporation is the developer and manufacturer of medical diagnostic imaging systems, including solid-state gamma cameras for nuclear cardiology and general nuclear medicine applications.
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