Insider Buying: Digirad Director Buys 4,500 Shares of Stock (DRAD)
Digirad (NASDAQ:DRAD) Director Jeffrey E. Eberwein bought 4,500 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average price of $3.50 per share, for a total transaction of $15,750.00. Following the completion of the acquisition, the director now directly owns 40,000 shares in the company, valued at approximately $140,000. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Digirad (NASDAQ:DRAD) traded down 0.56% during mid-day trading on Tuesday, hitting $3.58. 117,783 shares of the company’s stock traded hands. Digirad has a 52 week low of $2.50 and a 52 week high of $4.85. The stock has a 50-day moving average of $3.36 and a 200-day moving average of $3.43. The company has a market cap of $66.6 million and a P/E ratio of 17.06.
Digirad (NASDAQ:DRAD) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.04 earnings per share for the quarter, beating the analysts’ 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.
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.
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