Insider Buying: Vision-Sciences Director Purchases 27,500 Shares of Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis C. Pell acquired 27,500 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 8th. The stock was purchased at an average cost of $0.95 per share, with a total value of $26,125.00. Following the completion of the transaction, the director now directly owns 8,575,220 shares in the company, valued at approximately $8,146,459. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Vision-Sciences (NASDAQ:VSCI) traded down 1.09% during mid-day trading on Tuesday, hitting $0.91. The stock had a trading volume of 11,447 shares. Vision-Sciences has a one year low of $0.78 and a one year high of $1.75. The stock’s 50-day moving average is $1.09 and its 200-day moving average is $1.21. The company’s market cap is $42.1 million.
Vision-Sciences (NASDAQ:VSCI) last released its earnings data on Monday, August 4th. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $3.75 million for the quarter, compared to the consensus estimate of $3.65 million.
Vision-Sciences, Inc designs, develops, manufactures, and markets products for endoscopy – the science of using an instrument, known as an endoscope, to provide minimally invasive access to areas not readily visible to the human eye.
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