Gary E. Jacobs Buys 7,100 Shares of Motus GI Holdings Inc (NASDAQ:MOTS) Stock
Motus GI Holdings Inc (NASDAQ:MOTS) Director Gary E. Jacobs purchased 7,100 shares of the company’s stock in a transaction on Tuesday, November 27th. The stock was bought at an average price of $3.48 per share, for a total transaction of $24,708.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of MOTS opened at $3.39 on Friday. The company has a market cap of $51.62 million and a PE ratio of -2.65. Motus GI Holdings Inc has a 12-month low of $3.03 and a 12-month high of $10.66.
Motus GI (NASDAQ:MOTS) last issued its quarterly earnings results on Wednesday, November 14th. The company reported ($0.33) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.27) by ($0.06). As a group, research analysts predict that Motus GI Holdings Inc will post -1.08 EPS for the current year.
A number of equities analysts have recently issued reports on the stock. LADENBURG THALM/SH SH assumed coverage on shares of Motus GI in a research report on Thursday, August 30th. They set a “buy” rating and a $14.50 target price on the stock. Zacks Investment Research upgraded shares of Motus GI from a “sell” rating to a “hold” rating in a research report on Saturday, August 18th. Dougherty & Co assumed coverage on shares of Motus GI in a research report on Tuesday, August 28th. They set a “buy” rating and a $8.00 target price on the stock. Finally, Oppenheimer restated a “buy” rating on shares of Motus GI in a research report on Tuesday, September 25th. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $10.50.
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Motus GI Company Profile
Motus GI Holdings, Inc operates as a medical technology company to enhance the endoscopy outcomes and experiences in the United States and Israel. It focuses on the development and commercialization of the Pure-Vu system to enhance the colonoscopy experience and assist in the early detection and prevention of colorectal cancer and other diseases of the rectum and colon.
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