Smith-Midland Corp. (SMID) CEO Rodney I. Smith Sells 2,000 Shares of Stock
Smith-Midland Corp. (OTCMKTS:SMID) CEO Rodney I. Smith sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $7.90, for a total value of $15,800.00. Following the completion of the transaction, the chief executive officer now owns 740,798 shares in the company, valued at $5,852,304.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Smith-Midland Corp. (SMID) opened at 8.19 on Tuesday. The company has a 50-day moving average price of $7.17 and a 200 day moving average price of $7.25. The stock has a market capitalization of $41.06 million, a price-to-earnings ratio of 10.31 and a beta of 0.39. Smith-Midland Corp. has a 12 month low of $3.24 and a 12 month high of $9.00.
Smith-Midland Corp. (OTCMKTS:SMID) last released its earnings results on Thursday, August 10th. The construction company reported $0.14 earnings per share (EPS) for the quarter. Smith-Midland Corp. had a net margin of 9.58% and a return on equity of 27.55%. The company had revenue of $10.70 million for the quarter.
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About Smith-Midland Corp.
Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells and installs a range of precast concrete products for use in the construction, highway, utilities and farming industries, through its subsidiaries. The Company’s precast and barrier rental customers are primarily general contractors and federal, state, and local transportation authorities located in the Mid-Atlantic, Northeastern, Midwestern and Southeastern regions of the United States.
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