Applied Nanotech Holdings Inc. (PENC) Releases Quarterly Earnings Results
Applied Nanotech Holdings Inc. (OTCMKTS:PENC) issued its quarterly earnings results on Tuesday, May 23rd. The technology company reported $0.03 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $2.22 million for the quarter.
Shares of Applied Nanotech Holdings (OTCMKTS PENC) remained flat at $1.35 during trading on Friday. 20 shares of the stock traded hands. The stock’s 50-day moving average is $1.36 and its 200-day moving average is $1.50. Applied Nanotech Holdings has a 1-year low of $1.00 and a 1-year high of $2.99. The stock’s market cap is $4.18 million.
In other news, Director Ronald J. Berman acquired 131,731 shares of the business’s stock in a transaction on Tuesday, May 23rd. The shares were purchased at an average price of $0.38 per share, for a total transaction of $50,057.78. Following the acquisition, the director now directly owns 230,704 shares of the company’s stock, valued at approximately $87,667.52. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders acquired a total of 177,141 shares of company stock worth $69,234 in the last quarter. 56.00% of the stock is currently owned by company insiders.
Applied Nanotech Holdings Company Profile
PEN Inc is engaged in the marketing and sale of products enabled by nanotechnology. The Company develops and sells products based on its portfolio of intellectual property and its products include a portfolio of nano-layer coatings, nano-based cleaners, printable inks and pastes and thermal management materials.
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