Pressure BioSciences CEO Purchases $3,960 in Stock (PBIO)
Pressure BioSciences (NASDAQ:PBIO) CEO Richard T. Schumacher bought 13,200 shares of the stock in a transaction dated Tuesday, August 26th. The shares were purchased at an average cost of $0.30 per share, for a total transaction of $3,960.00. Following the acquisition, the chief executive officer now directly owns 669,504 shares of the company’s stock, valued at approximately $200,851. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Pressure BioSciences (NASDAQ:PBIO) traded up 3.45% during mid-day trading on Monday, hitting $0.30. The stock had a trading volume of 8,387 shares. Pressure BioSciences has a 1-year low of $0.16 and a 1-year high of $0.78. The stock has a 50-day moving average of $0.3 and a 200-day moving average of $0.43. The company’s market cap is $4.6 million.
Pressure BioSciences (NASDAQ:PBIO) last issued its quarterly earnings data on Thursday, August 14th. The company reported ($0.05) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.11) by $0.06. Analysts expect that Pressure BioSciences will post $-0.43 EPS for the current fiscal year.
Pressure BioSciences, Inc is focused on solving the challenging problems inherent in biological sample preparation, a crucial laboratory step performed by scientists worldwide working in biological life sciences research.
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