Insider Buying: IsoRay, Inc. (ISR) CEO Buys 50,000 Shares of Stock
IsoRay, Inc. (NYSEAMERICAN:ISR) CEO Thomas C. Lavoy purchased 50,000 shares of IsoRay stock in a transaction dated Thursday, March 1st. The stock was bought at an average cost of $0.44 per share, with a total value of $22,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
IsoRay, Inc. (ISR) traded up $0.01 on Friday, hitting $0.45. The stock had a trading volume of 81,546 shares, compared to its average volume of 146,150. The company has a market cap of $25.11, a price-to-earnings ratio of -4.09 and a beta of 1.22. IsoRay, Inc. has a 52-week low of $0.38 and a 52-week high of $0.69.
IsoRay (NYSEAMERICAN:ISR) last released its quarterly earnings results on Thursday, February 8th. The healthcare company reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.01). IsoRay had a negative return on equity of 69.11% and a negative net margin of 95.25%. The company had revenue of $1.54 million during the quarter.
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IsoRay, Inc is a medical technology company. The Company, through its subsidiary, IsoRay Medical, Inc, develops, manufactures and sells isotope-based medical products and devices for the treatment of cancer and other malignant diseases. The Company is engaged in the production and sales of Cesium-131 (Cs-131) brachytherapy seeds.
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