Varex Imaging Co. (NASDAQ:VREX – Get Free Report) SVP Kimberley E. Honeysett sold 2,578 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $12.53, for a total value of $32,302.34. Following the completion of the transaction, the senior vice president now directly owns 275 shares of the company’s stock, valued at $3,445.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Varex Imaging Stock Down 1.8 %
VREX traded down $0.23 during trading on Wednesday, hitting $12.21. The company had a trading volume of 265,484 shares, compared to its average volume of 407,843. The company has a market capitalization of $499.39 million, a PE ratio of 13.98 and a beta of 0.59. The company has a quick ratio of 1.89, a current ratio of 3.34 and a debt-to-equity ratio of 0.67. Varex Imaging Co. has a one year low of $10.72 and a one year high of $21.50. The firm’s 50-day moving average price is $13.93 and its 200 day moving average price is $15.77.
Varex Imaging (NASDAQ:VREX – Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.05). The firm had revenue of $209.00 million during the quarter, compared to the consensus estimate of $209.50 million. Varex Imaging had a net margin of 4.11% and a return on equity of 6.11%. The business’s revenue for the quarter was down 10.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 earnings per share. As a group, equities analysts expect that Varex Imaging Co. will post 0.48 earnings per share for the current year.
Hedge Funds Weigh In On Varex Imaging
Analyst Upgrades and Downgrades
Separately, StockNews.com cut Varex Imaging from a “buy” rating to a “hold” rating in a research note on Monday, May 6th.
View Our Latest Stock Report on Varex Imaging
About Varex Imaging
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.
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