Transcat, Inc. (TRNS) Director Angela J. Panzarella Acquires 1,000 Shares
Transcat, Inc. (NASDAQ:TRNS) Director Angela J. Panzarella purchased 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 1st. The shares were acquired at an average cost of $12.06 per share, for a total transaction of $12,060.00. Following the purchase, the director now owns 12,000 shares of the company’s stock, valued at $144,720. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Transcat, Inc. (NASDAQ:TRNS) traded up 0.42% during midday trading on Monday, reaching $12.05. 8,861 shares of the company were exchanged. The firm’s 50 day moving average price is $12.01 and its 200-day moving average price is $11.56. The stock has a market capitalization of $84.87 million, a P/E ratio of 18.83 and a beta of 0.78. Transcat, Inc. has a 52 week low of $8.26 and a 52 week high of $14.05.
Transcat (NASDAQ:TRNS) last announced its earnings results on Tuesday, May 16th. The scientific and technical instruments company reported $0.20 earnings per share (EPS) for the quarter. Transcat had a net margin of 3.32% and a return on equity of 11.29%. The company had revenue of $38.45 million for the quarter. Equities analysts forecast that Transcat, Inc. will post $0.64 EPS for the current fiscal year.
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Transcat Company Profile
Transcat, Inc is a provider of calibration and laboratory instrument services and a distributor of professional grade test, measurement and control instrumentation. The Company conducts its business through two segments: service (Service) and distribution (Distribution). Through the Service segment, the Company offers calibration, repair, inspection, analytical qualifications, preventative maintenance and other related services, a majority of which are processed through its asset management system, CalTrak (CalTrak).
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