Vision-Sciences Director Acquires $9,200 in Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis C. Pell purchased 10,000 shares of Vision-Sciences stock on the open market in a transaction dated Wednesday, August 27th. The stock was purchased at an average price of $0.92 per share, with a total value of $9,200.00. Following the transaction, the director now directly owns 8,681,540 shares in the company, valued at approximately $7,987,017. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Vision-Sciences (NASDAQ:VSCI) remained flat at $0.9103 during trading on Friday. Vision-Sciences has a 52-week low of $0.78 and a 52-week high of $1.75. The stock has a 50-day moving average of $1.02 and a 200-day moving average of $1.18. The company’s market cap is $42.2 million.
Vision-Sciences (NASDAQ:VSCI) last posted its quarterly earnings results on Monday, August 4th. The company reported ($0.04) earnings per share (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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