Smith-Midland Corp. (SMID) CEO Rodney I. Smith Sells 2,000 Shares
Smith-Midland Corp. (OTCMKTS:SMID) CEO Rodney I. Smith sold 2,000 shares of Smith-Midland Corp. stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $7.75, for a total value of $15,500.00. Following the completion of the transaction, the chief executive officer now owns 745,798 shares of the company’s stock, valued at approximately $5,779,934.50. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Smith-Midland Corp. (OTCMKTS:SMID) traded up 2.35% on Friday, hitting $7.40. The stock had a trading volume of 8,626 shares. The firm’s 50-day moving average is $7.13 and its 200 day moving average is $7.08. Smith-Midland Corp. has a 1-year low of $3.24 and a 1-year high of $9.00. The stock has a market cap of $37.10 million, a P/E ratio of 9.32 and a beta of 0.39.
Smith-Midland Corp. (OTCMKTS:SMID) last posted its quarterly earnings results on Thursday, August 10th. The construction company reported $0.14 EPS for the quarter. The firm had revenue of $10.70 million during the quarter. Smith-Midland Corp. had a return on equity of 27.55% and a net margin of 9.58%.
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Smith-Midland Corp. Company Profile
Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells and installs a range of precast concrete products for use in the construction, highway, utilities and farming industries, through its subsidiaries. The Company’s precast and barrier rental customers are primarily general contractors and federal, state, and local transportation authorities located in the Mid-Atlantic, Northeastern, Midwestern and Southeastern regions of the United States.
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