Insider Buying: Digirad Co. (DRAD) COO Buys 30,000 Shares of Stock
Digirad Co. (NASDAQ:DRAD) COO David J. Noble purchased 30,000 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were bought at an average price of $0.64 per share, with a total value of $19,200.00. Following the completion of the acquisition, the chief operating officer now owns 205,000 shares of the company’s stock, valued at approximately $131,200. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of DRAD stock traded up $0.03 during trading on Monday, hitting $0.67. 157,926 shares of the company were exchanged, compared to its average volume of 98,859. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.18 and a current ratio of 1.59. Digirad Co. has a twelve month low of $0.42 and a twelve month high of $1.95.
Digirad (NASDAQ:DRAD) last posted its quarterly earnings results on Friday, May 3rd. The medical equipment provider reported ($0.05) EPS for the quarter. The company had revenue of $23.91 million for the quarter. Digirad had a negative return on equity of 9.16% and a negative net margin of 4.90%.
Digirad Company Profile
Digirad Corporation provides healthcare solutions in the United States and internationally. It operates through three segments: Diagnostic Services, Mobile Healthcare, and Diagnostic Imaging. The Diagnostic Services segment provides nuclear and ultrasound imaging services to physicians who perform nuclear imaging, echocardiography, vascular or general ultrasound tests, imaging systems, radiopharmaceuticals, and licensing services.
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