Connecture Inc. (NASDAQ:CNXR)’s share price traded down 3.1% on Monday . The stock traded as low as $2.42 and last traded at $2.48, with a volume of 62,553 shares traded. The stock had previously closed at $2.56.

Several equities analysts have recently weighed in on the stock. Wells Fargo & Co. reiterated a “buy” rating on shares of Connecture in a research note on Tuesday, May 10th. Zacks Investment Research upgraded shares of Connecture from a “sell” rating to a “hold” rating in a research note on Tuesday, April 19th.

The company’s 50-day moving average is $2.05 and its 200 day moving average is $2.42. The stock’s market capitalization is $53.26 million.

Connecture (NASDAQ:CNXR) last issued its quarterly earnings data on Monday, May 9th. The company reported ($0.33) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by $0.14. The firm had revenue of $17.60 million for the quarter, compared to analysts’ expectations of $20.70 million. The company’s revenue was down 14.6% on a year-over-year basis. Equities analysts forecast that Connecture Inc. will post ($0.22) EPS for the current year.

In other Connecture news, Director David A. Jr/Ky Jones acquired 57,696 shares of the stock in a transaction dated Monday, June 13th. The shares were purchased at an average price of $1.64 per share, for a total transaction of $94,621.44. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jeff Surges bought 75,000 shares of the firm’s stock in a transaction on Monday, June 13th. The shares were purchased at an average price of $1.69 per share, for a total transaction of $126,750.00. Following the purchase, the chief executive officer now owns 618,549 shares in the company, valued at approximately $1,045,347.81. The disclosure for this purchase can be found here.

Connecture, Inc provides a Web-based consumer shopping, enrollment and retention platform for health insurance distribution. The Company caters its services to health insurance marketplace operators, such as health plans, brokers and exchange operators. It operates through four segments: Enterprise/Commercial, Enterprise/State, Medicare and Private Exchange.

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