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CAS Medical Systems (NASDAQ:CASM) CEO Thomas M. Patton bought 10,000 shares of CAS Medical Systems stock in a transaction dated Monday, August 18th. The stock was purchased at an average price of $1.54 per share, for a total transaction of $15,400.00. Following the completion of the acquisition, the chief executive officer now directly owns 550,177 shares in the company, valued at approximately $847,273. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of CAS Medical Systems (NASDAQ:CASM) traded up 7.48% during mid-day trading on Tuesday, hitting $1.58. The stock had a trading volume of 155,963 shares. CAS Medical Systems has a 52-week low of $1.211 and a 52-week high of $2.50. The stock’s 50-day moving average is $1.81 and its 200-day moving average is $2.06. The company’s market cap is $30.4 million.

CAS Medical Systems (NASDAQ:CASM) last announced its earnings results on Wednesday, August 6th. The company reported ($0.13) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.11) by $0.02. The company had revenue of $5.80 million for the quarter, compared to the consensus estimate of $5.00 million. Analysts expect that CAS Medical Systems will post $-0.48 EPS for the current fiscal year.

CAS Medical Systems, Inc (NASDAQ:CASM) is a medical technology company that develops, manufactures and markets non-invasive patient monitoring products that is vital to patient care.

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