Thomas C. Lavoy Purchases 50,000 Shares of IsoRay, Inc. (NYSEAMERICAN:ISR) Stock

IsoRay, Inc. (NYSEAMERICAN:ISR) CEO Thomas C. Lavoy bought 50,000 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The shares were bought at an average cost of $0.44 per share, for a total transaction of $22,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of IsoRay stock opened at $0.43 on Monday. The stock has a market capitalization of $24.87, a price-to-earnings ratio of -3.91 and a beta of 1.22. IsoRay, Inc. has a one year low of $0.38 and a one year high of $0.69.

IsoRay (NYSEAMERICAN:ISR) last posted its quarterly earnings data on Thursday, February 8th. The healthcare company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). IsoRay had a negative return on equity of 69.11% and a negative net margin of 95.25%. The firm had revenue of $1.54 million during the quarter.

Separately, Maxim Group set a $3.00 price objective on IsoRay and gave the stock a “buy” rating in a research report on Wednesday, January 24th.

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About IsoRay

IsoRay, Inc is a medical technology company. The Company, through its subsidiary, IsoRay Medical, Inc, develops, manufactures and sells isotope-based medical products and devices for the treatment of cancer and other malignant diseases. The Company is engaged in the production and sales of Cesium-131 (Cs-131) brachytherapy seeds.

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