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Vision-Sciences (NASDAQ:VSCI) Director Lewis C. Pell purchased 22,900 shares of Vision-Sciences stock in a transaction that occurred on Tuesday, August 19th. The shares were 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 of the company’s stock, valued at approximately $8,468,709. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Vision-Sciences (NASDAQ:VSCI) traded down 3.06% on Wednesday, hitting $0.95. 35,790 shares of the company’s stock traded hands. 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 $1.06 and its 200-day moving average is $1.19. The company’s market cap is $43.9 million.

Vision-Sciences (NASDAQ:VSCI) last posted its quarterly earnings results 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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