Smith-Midland Corp. (OTCMKTS:SMID) CEO Rodney I. Smith sold 3,000 shares of the stock in a transaction on Wednesday, July 12th. The stock was sold at an average price of $7.66, for a total transaction of $22,980.00. Following the transaction, the chief executive officer now owns 759,598 shares of the company’s stock, valued at approximately $5,818,520.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Smith-Midland Corp. (SMID) traded up 3.76% during mid-day trading on Friday, reaching $6.90. 8,630 shares of the company’s stock traded hands. The company has a 50 day moving average price of $7.48 and a 200-day moving average price of $6.97. Smith-Midland Corp. has a 12 month low of $3.18 and a 12 month high of $9.00. The stock has a market cap of $34.59 million, a P/E ratio of 8.69 and a beta of 0.38.
Smith-Midland Corp. (OTCMKTS:SMID) last posted its quarterly earnings data on Thursday, August 10th. The construction company reported $0.14 earnings per share for the quarter. The company had revenue of $10.70 million for the quarter. Smith-Midland Corp. had a net margin of 9.58% and a return on equity of 27.55%.
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Smith-Midland Corp. Company Profile
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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