Pro-Dex Inc (NASDAQ:PDEX) Director Raymond E. Cabillot sold 9,691 shares of Pro-Dex stock in a transaction on Monday, November 26th. The shares were sold at an average price of $14.47, for a total transaction of $140,228.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
NASDAQ:PDEX traded up $0.64 during midday trading on Monday, reaching $14.44. The stock had a trading volume of 58,100 shares, compared to its average volume of 15,744. Pro-Dex Inc has a 12-month low of $6.05 and a 12-month high of $16.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 7.44 and a quick ratio of 5.87. The firm has a market cap of $58.34 million and a price-to-earnings ratio of 26.04.
Pro-Dex (NASDAQ:PDEX) last issued its earnings results on Thursday, September 13th. The medical instruments supplier reported $0.03 EPS for the quarter. The company had revenue of $6.25 million for the quarter. Pro-Dex had a net margin of 9.67% and a return on equity of 13.55%.
Separately, ValuEngine upgraded shares of Pro-Dex from a “hold” rating to a “buy” rating in a research report on Thursday, September 13th.
Hedge funds and other institutional investors have recently modified their holdings of the business. Quantum Capital Management purchased a new stake in shares of Pro-Dex during the 3rd quarter worth $117,000. Vanguard Group Inc. boosted its position in shares of Pro-Dex by 50.8% during the 3rd quarter. Vanguard Group Inc. now owns 49,399 shares of the medical instruments supplier’s stock worth $514,000 after purchasing an additional 16,644 shares in the last quarter. Finally, EAM Investors LLC purchased a new stake in shares of Pro-Dex during the 3rd quarter worth $664,000. Institutional investors own 7.64% of the company’s stock.
Pro-Dex Company Profile
Pro-Dex, Inc, together with its subsidiaries, designs, develops, and manufactures powered surgical instruments, dental instruments, and rotary air motors worldwide. It also manufactures plastic injection molds for various industries; and shavers and machined parts. In addition, it provides engineering, and quality and regulatory consulting services.
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