Insider Selling: Biosyent Inc. (RX) Insider Sells 2,000 Shares of Stock

Biosyent Inc. (CVE:RX) insider Alfred D’souza sold 2,000 shares of the firm’s stock in a transaction dated Friday, June 8th. The stock was sold at an average price of C$10.03, for a total transaction of C$20,060.00.

Alfred D’souza also recently made the following trade(s):

  • On Wednesday, June 6th, Alfred D’souza sold 2,100 shares of Biosyent stock. The stock was sold at an average price of C$10.05, for a total transaction of C$21,105.00.

RX traded down C$0.05 on Thursday, hitting C$9.80. The company had a trading volume of 3,211 shares, compared to its average volume of 7,777. Biosyent Inc. has a 52-week low of C$7.85 and a 52-week high of C$11.00.

Biosyent (CVE:RX) last announced its earnings results on Wednesday, March 21st. The company reported C$0.10 earnings per share for the quarter, meeting the Zacks’ consensus estimate of C$0.10. Biosyent had a net margin of 23.96% and a return on equity of 25.90%. The business had revenue of C$5.90 million during the quarter.

Several analysts have commented on RX shares. Bloom Burton restated an “accumulate” rating on shares of Biosyent in a report on Thursday, March 22nd. Raymond James set a C$12.50 price objective on shares of Biosyent and gave the stock an “outperform” rating in a report on Tuesday, May 1st.

About Biosyent

BioSyent Inc, a specialty pharmaceutical company, acquires or in-licenses, develops, and sells various pharmaceutical and other healthcare products in Canada and internationally. The company's products include FeraMAX 150, an oral hematinic for the treatment of iron deficiency anaemia; FeraMAX Powder, a water soluble oral iron supplement, which helps the body form red blood cells; RepaGyn, a vaginal suppository for the healing of the vaginal mucosa, as well as for the treatment of vaginal dryness caused by menopause, stress, and chemotherapy; Proktis-M, a rectal suppository designed to help healing of the anus and rectum; Aguettant System for pre-filled syringes that are used for various injectable medications in hospital and acute care settings; and Cysview for the detection and management of non-muscle invasive papillary bladder cancer.

Insider Buying and Selling by Quarter for Biosyent (CVE:RX)

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