Insider Buying: Vision-Sciences Director Acquires 22,900 Shares of Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis C. Pell bought 22,900 shares of Vision-Sciences stock in a transaction dated Tuesday, August 19th. The stock was purchased at an average cost of $0.98 per share, for a total transaction of $22,442.00. Following the completion of the transaction, the director now directly owns 8,641,540 shares in the company, valued at approximately $8,468,709. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Vision-Sciences (NASDAQ:VSCI) traded down 3.06% on Wednesday, hitting $0.95. The stock had a trading volume of 35,790 shares. Vision-Sciences has a 52-week low of $0.78 and a 52-week high of $1.75. The stock’s 50-day moving average is $1.06 and its 200-day moving average is $1.19. The company’s market cap is $43.9 million.
Vision-Sciences (NASDAQ:VSCI) last announced its earnings results on Monday, August 4th. The company reported ($0.04) earnings per share (EPS) 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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