IRIDEX Director Unloads $23,323 in Stock (IRIX)
IRIDEX (NASDAQ:IRIX) Director Garrett A. Garrettson sold 2,810 shares of the company’s stock on the open market in a transaction dated Monday, August 11th. The stock was sold at an average price of $8.30, for a total transaction of $23,323.00. Following the transaction, the director now directly owns 39,441 shares in the company, valued at approximately $327,360. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of IRIDEX (NASDAQ:IRIX) traded down 0.12% on Tuesday, hitting $8.18. The stock had a trading volume of 7,918 shares. IRIDEX has a 52-week low of $5.72 and a 52-week high of $11.00. The stock has a 50-day moving average of $7.96 and a 200-day moving average of $8.5. The company has a market cap of $80.8 million and a P/E ratio of 50.87.
IRIDEX Corporation is a worldwide provider of therapeutic based laser systems, delivery devices and consumable instrumentation used to treat eye diseases in ophthalmology.
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