Insider Buying: Mad Catz Interactive VP Acquires 10,000 Shares of Stock (MCZ)
Mad Catz Interactive (NYSE:MCZ) VP Whitney E. Peterson bought 10,000 shares of the stock on the open market in a transaction that occurred on Tuesday, August 19th. The shares were purchased at an average cost of $0.60 per share, with a total value of $6,000.00. Following the completion of the purchase, the vice president now directly owns 766,614 shares of the company’s stock, valued at approximately $459,968. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Mad Catz Interactive (NYSE:MCZ) traded down 0.84% during mid-day trading on Friday, hitting $0.59. The stock had a trading volume of 4,060 shares. Mad Catz Interactive has a 52-week low of $0.33 and a 52-week high of $0.90. The stock has a 50-day moving average of $0.61 and a 200-day moving average of $0.5. The company’s market cap is $37.8 million.
Mad Catz Interactive (NYSE:MCZ) last announced its earnings data on Monday, August 4th. The company reported ($0.02) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.03) by $0.01. The company had revenue of $16.75 million for the quarter, compared to the consensus estimate of $18.68 million. During the same quarter last year, the company posted ($0.03) earnings per share. On average, analysts predict that Mad Catz Interactive will post $0.06 earnings per share for the current fiscal year.
Mad Catz Interactive, Inc (NYSE:MCZ) designs, manufacture (through third parties in Asia), market, sell and distributes accessories for all major videogame platforms, the personal computer and Mac and, to a lesser extent the iPod and other audio devices.
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