Sierra Wireless, Inc. (SW) Trading Up 6.2%
Sierra Wireless, Inc. (TSE:SW) (NASDAQ:SWIR)’s share price was up 6.2% during mid-day trading on Monday . The company traded as high as C$28.53 and last traded at C$28.44. Approximately 94,292 shares were traded during trading, an increase of 1% from the average daily volume of 93,108 shares. The stock had previously closed at C$26.77.
The company has a 50 day moving average of $27.04 and a 200 day moving average of $34.05. The company has a market cap of $893.93 million and a P/E ratio of 43.92.
In related news, Director August Daniel Schieler sold 3,085 shares of Sierra Wireless stock in a transaction dated Monday, August 28th. The shares were sold at an average price of C$21.55, for a total transaction of C$66,481.75. Also, Director Jason W. Cohenour sold 11,298 shares of Sierra Wireless stock in a transaction dated Monday, August 14th. The shares were sold at an average price of C$23.00, for a total transaction of C$259,854.00. Over the last quarter, insiders have sold 20,383 shares of company stock valued at $464,936.
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Sierra Wireless Company Profile
Sierra Wireless, Inc is engaged in building the Internet of Things (IoT) with wireless solutions for organizations. The Company’s OEM Solution segment offers cellular embedded wireless modules for IoT connectivity, including an embedded application framework to support customer applications. The Company’s Enterprise Solution segment offers intelligent routers and gateways, including management tools and applications that enable cellular connectivity.
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