Akoustis Technologies Inc (NASDAQ:AKTS) CEO Jeffrey B. Shealy sold 24,863 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $5.94, for a total value of $147,686.22. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Akoustis Technologies Inc (NASDAQ AKTS) opened at $6.18 on Monday. Akoustis Technologies Inc has a 1-year low of $4.91 and a 1-year high of $14.00. The firm has a market capitalization of $119.70, a PE ratio of -9.36 and a beta of -0.69.
Akoustis Technologies (NASDAQ:AKTS) last posted its earnings results on Tuesday, November 14th. The technology company reported ($0.24) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by ($0.11). Akoustis Technologies had a negative net margin of 1,462.20% and a negative return on equity of 115.56%. The company had revenue of $0.30 million for the quarter, compared to the consensus estimate of $0.70 million. equities analysts forecast that Akoustis Technologies Inc will post -0.34 EPS for the current fiscal year.
TRADEMARK VIOLATION NOTICE: This news story was originally reported by Week Herald and is owned by of Week Herald. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://weekherald.com/2017/12/25/akoustis-technologies-inc-akts-ceo-sells-147686-22-in-stock.html.
Akoustis Technologies Company Profile
Akoustis Technologies, Inc, formerly Danlax, Corp., is a fabless company engaged in developing, designing and manufacturing radio frequency (RF) filter products for the mobile wireless device industry. The Company operates in the telecommunications and fiber optics sector. The Company is focused on commercializing and manufacturing its Bulk ONE acoustic wave technology to address the critical frequency-selectivity requirements in mobile smartphones.
Receive News & Ratings for Akoustis Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Akoustis Technologies and related companies with MarketBeat.com's FREE daily email newsletter.