iCAD, Inc. (NASDAQ:ICAD) Director Andy Sassine sold 10,000 shares of the stock in a transaction that occurred on Monday, September 13th. The shares were sold at an average price of $11.09, for a total value of $110,900.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
NASDAQ:ICAD opened at $10.33 on Friday. iCAD, Inc. has a 52-week low of $8.48 and a 52-week high of $21.44. The company has a market cap of $258.62 million, a price-to-earnings ratio of -29.51 and a beta of 1.12. The firm’s 50-day moving average is $12.98 and its 200-day moving average is $16.15.
iCAD (NASDAQ:ICAD) last announced its quarterly earnings data on Thursday, August 5th. The technology company reported ($0.11) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by ($0.03). iCAD had a negative return on equity of 18.86% and a negative net margin of 24.44%. The firm had revenue of $7.83 million for the quarter, compared to analyst estimates of $9.12 million. As a group, research analysts forecast that iCAD, Inc. will post -0.27 EPS for the current fiscal year.
A number of research firms have issued reports on ICAD. Oppenheimer restated a “buy” rating and set a $24.00 price target on shares of iCAD in a report on Monday, August 30th. Zacks Investment Research cut shares of iCAD from a “buy” rating to a “hold” rating in a report on Friday, August 6th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, iCAD has an average rating of “Buy” and an average target price of $22.13.
iCAD, Inc is a medical technology company, which engages in the provision cancer detection and therapy solutions. It operates through the Cancer Detection and Cancer Therapy segments. The Cancer Detection segment include image analysis and workflow products. The Cancer Therapy segment consists radiation therapy products.
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