Medical Transcription Billing Corp (MTBC) CEO Mahmud Ul Haq Acquires 90,000 Shares
Medical Transcription Billing Corp (NASDAQ:MTBC) CEO Mahmud Ul Haq purchased 90,000 shares of Medical Transcription Billing Corp stock in a transaction that occurred on Tuesday, November 15th. The stock was acquired at an average price of $0.97 per share, for a total transaction of $87,300.00. Following the transaction, the chief executive officer now directly owns 4,987,070 shares of the company’s stock, valued at approximately $4,837,457.90. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Mahmud Ul Haq also recently made the following trade(s):
- On Monday, November 14th, Mahmud Ul Haq acquired 1,000 shares of Medical Transcription Billing Corp stock. The shares were purchased at an average price of $0.90 per share, for a total transaction of $900.00.
Medical Transcription Billing Corp (NASDAQ:MTBC) traded up 1.12% during mid-day trading on Thursday, reaching $0.90. 5,484 shares of the company were exchanged. Medical Transcription Billing Corp has a 1-year low of $0.68 and a 1-year high of $1.60. The stock’s market capitalization is $9.27 billion. The stock’s 50-day moving average price is $0.87 and its 200-day moving average price is $0.91.
Medical Transcription Billing Corp (NASDAQ:MTBC) last issued its quarterly earnings data on Thursday, November 10th. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.13. The business had revenue of $5.30 million for the quarter, compared to analyst estimates of $5.30 million. On average, equities research analysts anticipate that Medical Transcription Billing Corp will post ($0.71) EPS for the current fiscal year.
A number of research analysts have recently commented on MTBC shares. Zacks Investment Research cut shares of Medical Transcription Billing Corp from a “buy” rating to a “hold” rating in a report on Wednesday, August 17th. Chardan Capital restated a “buy” rating on shares of Medical Transcription Billing Corp in a report on Sunday, August 14th.
Medical Transcription Billing Corp Company Profile
Medical Transcription Billing, Corp. is a healthcare information technology company that provides an integrated suite of Web-based solutions, together with related business services, to healthcare providers practicing in ambulatory care settings. The Company’s offering, PracticePro, allows healthcare practices with the core software and business services on Software-as-a-Service (SaaS) platform.
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