Insider Buying: MYOS Corp Director Buys 3,444 Shares of Stock (MYOS)
MYOS Corp (NASDAQ:MYOS) Director Peter Diamandis acquired 3,444 shares of the stock on the open market in a transaction that occurred on Monday, August 18th. The stock was purchased at an average cost of $14.51 per share, for a total transaction of $49,972.44. Following the completion of the purchase, the director now directly owns 5,444 shares of the company’s stock, valued at approximately $78,992. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
MYOS Corp (NASDAQ:MYOS) opened at 14.0001 on Thursday. MYOS Corp has a 52-week low of $6.00 and a 52-week high of $16.85. The stock’s 50-day moving average is $14.12 and its 200-day moving average is $12.17. The company’s market cap is $40.9 million.
MYOS Corp (NASDAQ:MYOS) last released its earnings data on Thursday, August 14th. The company reported ($0.34) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.20) by $0.14. The company had revenue of $1.68 million for the quarter.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated an “outperform” rating on shares of MYOS Corp in a research note on Thursday, August 14th. They now have a $20.00 price target on the stock.
MYOS Corporation is engaged in the discovery, development and commercialization of therapeutic products, nutritional supplements and other technologies to improving the health and performance of muscle tissue.
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