Rodney I. Smith Sells 2,000 Shares of Smith-Midland Corp. (SMID) Stock
Smith-Midland Corp. (OTCMKTS:SMID) CEO Rodney I. Smith sold 2,000 shares of the company’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $7.90, for a total value of $15,800.00. Following the sale, the chief executive officer now owns 740,798 shares in the company, valued at approximately $5,852,304.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Smith-Midland Corp. (SMID) opened at 8.20 on Wednesday. The firm’s 50-day moving average is $7.21 and its 200-day moving average is $7.27. The company has a market capitalization of $41.11 million, a PE ratio of 10.33 and a beta of 0.39. Smith-Midland Corp. has a 52-week low of $3.24 and a 52-week high of $9.00.
Smith-Midland Corp. (OTCMKTS:SMID) last announced its earnings results on Thursday, August 10th. The construction company reported $0.14 earnings per share (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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