Insider Buying: Lewis C. Pell Acquires 30,000 Shares of Vision-Sciences Stock (VSCI)
Vision-Sciences (NASDAQ:VSCI) Director Lewis C. Pell purchased 30,000 shares of the stock on the open market in a transaction that occurred on Wednesday, September 3rd. The stock was purchased at an average price of $0.98 per share, with a total value of $29,400.00. Following the transaction, the director now directly owns 8,711,540 shares in the company, valued at approximately $8,537,309. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.
Vision-Sciences (NASDAQ:VSCI) traded up 0.56% on Thursday, hitting $0.9955. The stock had a trading volume of 32,740 shares. Vision-Sciences has a 1-year low of $0.78 and a 1-year high of $1.75. The stock has a 50-day moving average of $0.99 and a 200-day moving average of $1.17. The company’s market cap is $46.1 million.
Vision-Sciences (NASDAQ:VSCI) last posted its quarterly earnings results 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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