Digirad Director Jeffrey E. Eberwein Buys 10,000 Shares (DRAD)
Digirad (NASDAQ:DRAD) Director Jeffrey E. Eberwein bought 10,000 shares of the stock on the open market in a transaction dated Tuesday, August 19th. The shares were purchased at an average cost of $3.46 per share, with a total value of $34,600.00. Following the completion of the acquisition, the director now directly owns 40,000 shares of the company’s stock, valued at approximately $138,400. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Digirad (NASDAQ:DRAD) traded down 0.28% during mid-day trading on Friday, hitting $3.50. 7,560 shares of the company’s stock traded hands. Digirad has a one year low of $2.50 and a one year high of $4.85. The stock has a 50-day moving average of $3.36 and a 200-day moving average of $3.42. The company has a market cap of $65.1 million and a P/E ratio of 16.64.
Digirad (NASDAQ:DRAD) last announced its earnings results on Friday, August 1st. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.01. The company had revenue of $14.60 million for the quarter, compared to the consensus estimate of $12.90 million. Analysts expect that Digirad will post $0.09 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, August 25th. Shareholders of record on Tuesday, August 12th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date of this dividend is Friday, August 8th.
Digirad Corporation is the developer and manufacturer of medical diagnostic imaging systems, including solid-state gamma cameras for nuclear cardiology and general nuclear medicine applications.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.