Retractable Technologies, Inc. (NYSE:RVP – Get Free Report) CEO Thomas J. Shaw purchased 48,635 shares of the stock in a transaction that occurred on Thursday, May 16th. The shares were acquired at an average cost of $1.03 per share, for a total transaction of $50,094.05. Following the completion of the transaction, the chief executive officer now owns 14,417,148 shares of the company’s stock, valued at approximately $14,849,662.44. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Retractable Technologies Price Performance
NYSE:RVP opened at $0.92 on Thursday. The company has a quick ratio of 8.18, a current ratio of 11.02 and a debt-to-equity ratio of 0.01. Retractable Technologies, Inc. has a 52 week low of $0.87 and a 52 week high of $1.34. The firm’s 50-day simple moving average is $1.10 and its 200 day simple moving average is $1.14.
Retractable Technologies (NYSE:RVP – Get Free Report) last announced its quarterly earnings data on Wednesday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $7.60 million for the quarter. Retractable Technologies had a negative net margin of 18.84% and a negative return on equity of 7.55%.
Institutional Investors Weigh In On Retractable Technologies
Analyst Ratings Changes
Separately, StockNews.com started coverage on shares of Retractable Technologies in a research report on Sunday. They set a “hold” rating on the stock.
Check Out Our Latest Stock Analysis on Retractable Technologies
Retractable Technologies Company Profile
Retractable Technologies, Inc designs, develops, manufactures, and markets safety syringes and other safety medical products for the healthcare profession in the United States, rest of North and South America, and internationally. The company offers VanishPoint insulin syringes; tuberculin, insulin, and allergy antigen syringes; small diameter tube adapters; blood collection tube holders; allergy trays; IV safety catheters; Patient Safe syringes and Luer Caps; VanishPoint blood collection sets; EasyPoint needles; and VanishPoint autodisable syringes.
Further Reading
- Five stocks we like better than Retractable Technologies
- EV Stocks and How to Profit from Them
- PDD Holdings Earnings Volatility Alerts Buyers
- What Investors Need to Know to Beat the Market
- NVIDIA’s Rally is Far From Over, Neither is Volatility
- Best Stocks Under $5.00
- Global-e Online is a Must-Own eCommerce Stock
Receive News & Ratings for Retractable Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Retractable Technologies and related companies with MarketBeat.com's FREE daily email newsletter.