inTEST Co. (INTT) Releases Quarterly Earnings Results
inTEST Co. (NYSEMKT:INTT) announced its earnings results on Thursday. The semiconductor company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.02, Bloomberg Earnings reports. inTEST had a net margin of 14.65% and a return on equity of 21.45%.
inTEST (NYSEMKT INTT) traded down 12.7309% during mid-day trading on Friday, hitting $7.0688. The company had a trading volume of 170,371 shares. The firm has a market cap of $72.60 million and a P/E ratio of 15.7084. inTEST has a 52-week low of $3.65 and a 52-week high of $9.50. The stock’s 50 day moving average price is $7.41 and its 200 day moving average price is $6.55.
In related news, insider Kristen Holt Thompson sold 25,000 shares of the stock in a transaction that occurred on Wednesday, June 14th. The stock was sold at an average price of $8.06, for a total value of $201,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Thomas A. Satterfield, Jr. sold 52,315 shares of the stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $8.08, for a total value of $422,705.20. The disclosure for this sale can be found here. Insiders have sold a total of 323,592 shares of company stock worth $2,511,378 over the last quarter.
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inTEST Corporation is an independent designer, manufacturer and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment (ATE), in the testing of integrated circuit (ICs). The Company operates through three segments: Thermal Products, Mechanical Products and Electrical Products.
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