ImmuCell Corporation (NASDAQ:ICCC – Get Free Report) CEO Boekhorst Paul Francis Oliv Te acquired 8,000 shares of the stock in a transaction dated Thursday, June 18th. The stock was acquired at an average cost of $9.49 per share, with a total value of $75,920.00. Following the completion of the transaction, the chief executive officer owned 17,785 shares in the company, valued at approximately $168,779.65. This represents a 81.76% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.
ImmuCell Stock Up 1.2%
Shares of ImmuCell stock opened at $9.86 on Wednesday. ImmuCell Corporation has a one year low of $4.52 and a one year high of $10.75. The company has a debt-to-equity ratio of 0.24, a current ratio of 4.82 and a quick ratio of 2.60. The stock’s 50-day moving average is $9.08 and its 200 day moving average is $7.29. The firm has a market cap of $89.23 million, a price-to-earnings ratio of -164.31 and a beta of 0.55.
ImmuCell (NASDAQ:ICCC – Get Free Report) last issued its earnings results on Thursday, May 14th. The biotechnology company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.16. ImmuCell had a negative return on equity of 1.88% and a negative net margin of 1.82%.The business had revenue of $10.36 million during the quarter, compared to the consensus estimate of $5.40 million.
Institutional Trading of ImmuCell
Analyst Upgrades and Downgrades
Separately, Weiss Ratings downgraded shares of ImmuCell from a “hold (c-)” rating to a “sell (d-)” rating in a research report on Monday, April 6th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
Read Our Latest Research Report on ImmuCell
ImmuCell Company Profile
ImmuCell Corporation (NASDAQ: ICCC) is a biotechnology company that develops, manufactures, and markets immunological products and diagnostic assays designed to enhance animal health in dairy and beef cattle. Headquartered in Portland, Maine, the company focuses on supporting herd health management through its portfolio of passive immunology solutions and veterinary diagnostics.
The company’s flagship offering, CalfGuard natural colostrum supplement, is formulated to promote the passive transfer of antibodies in newborn calves and reduce the incidence of neonatal diseases.
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