Socket Mobile, Inc. (NASDAQ:SCKT) EVP Sells $72,906.24 in Stock

Socket Mobile, Inc. (NASDAQ:SCKT) EVP Leonard L. Ott sold 18,986 shares of Socket Mobile stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $3.84, for a total value of $72,906.24. Following the completion of the sale, the executive vice president now directly owns 18,663 shares in the company, valued at approximately $71,665.92. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

SCKT opened at $1.75 on Friday. The business’s 50-day moving average price is $1.49 and its two-hundred day moving average price is $1.39. Socket Mobile, Inc. has a 1 year low of $0.76 and a 1 year high of $4.15. The company has a market capitalization of $10.40 million, a price-to-earnings ratio of 58.35 and a beta of 1.03. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.36 and a quick ratio of 0.78.

Socket Mobile (NASDAQ:SCKT) last released its quarterly earnings results on Wednesday, April 29th. The company reported ($0.01) earnings per share (EPS) for the quarter. Socket Mobile had a net margin of 0.98% and a return on equity of 1.41%. The firm had revenue of $4.22 million during the quarter.

About Socket Mobile

Socket Mobile, Inc produces data capture products for mobile applications used in business mobility markets in the United States, Europe, Asia, and internationally. The company's products are incorporated into mobile applications used in mobile point of sale, enterprise mobility, asset tracking, control systems, logistics, event management, medical, and education.

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