Alimera Sciences, Inc. (NASDAQ:ALIM) CEO C. Daniel Myers sold 52,900 shares of the firm’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $1.23, for a total transaction of $65,067.00. Following the completion of the transaction, the chief executive officer now directly owns 154,411 shares of the company’s stock, valued at $189,925.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Alimera Sciences, Inc. (NASDAQ ALIM) remained flat at $$1.24 during trading on Thursday. 283,499 shares of the company’s stock were exchanged, compared to its average volume of 168,400. Alimera Sciences, Inc. has a fifty-two week low of $1.11 and a fifty-two week high of $1.72. The firm has a market cap of $85.74, a price-to-earnings ratio of -4.00 and a beta of 2.15. The company has a debt-to-equity ratio of -0.71, a quick ratio of 4.65 and a current ratio of 4.84.
Alimera Sciences (NASDAQ:ALIM) last announced its quarterly earnings results on Wednesday, November 1st. The biopharmaceutical company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.01. analysts expect that Alimera Sciences, Inc. will post -0.27 earnings per share for the current fiscal year.
Several equities analysts recently weighed in on ALIM shares. HC Wainwright reissued a “buy” rating and issued a $5.00 target price on shares of Alimera Sciences in a research note on Wednesday, November 22nd. Cowen reissued a “buy” rating on shares of Alimera Sciences in a research note on Thursday, November 2nd. Zacks Investment Research raised Alimera Sciences from a “sell” rating to a “hold” rating in a report on Monday, January 8th. Finally, ValuEngine raised Alimera Sciences from a “strong sell” rating to a “sell” rating in a report on Friday, October 20th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. Alimera Sciences currently has an average rating of “Hold” and a consensus target price of $3.38.
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Alimera Sciences Company Profile
Alimera Sciences, Inc (Alimera) is a pharmaceutical company. The Company is engaged in the research, development and commercialization of prescription ophthalmic pharmaceuticals. The Company operates through two segments: U.S. and International. The Company focuses on diseases affecting the back of the eye or retina.
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