Insider Buying: Vision-Sciences Director Purchases 30,000 Shares of Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis C. Pell bought 30,000 shares of the stock on the open market in a transaction dated Tuesday, August 26th. The shares were purchased at an average price of $0.93 per share, with a total value of $27,900.00. Following the transaction, the director now directly owns 8,671,540 shares of the company’s stock, valued at approximately $8,064,532. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Vision-Sciences (NASDAQ:VSCI) traded up 1.14% on Thursday, hitting $0.9103. 800 shares of the company’s stock traded hands. Vision-Sciences has a 1-year low of $0.78 and a 1-year high of $1.75. The stock’s 50-day moving average is $1. and its 200-day moving average is $1.18. The company’s market cap is $42.2 million.
Vision-Sciences (NASDAQ:VSCI) last issued its quarterly earnings data on Monday, August 4th. The company reported ($0.04) EPS 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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