William L. Parnell, Jr. buys 10,000 shares of Socket Mobile, Inc. (NASDAQ:SCKT)

Socket Mobile, Inc. (NASDAQ:SCKT – Get Your Free Report ) Director William L. Parnell, Jr. purchased 10,000 shares of the company’s stock in a transaction on Monday, August 26th. The shares were purchased at an average cost of $1.10 per share, for a total transaction of $11,000.00. Following the completion of the acquisition, the director now owns 32,000 shares in the company, valued at approximately $35,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible via this hyperlink.

Socket Mobile trading up 3.5%

Shares of NASDAQ:SCKT opened at $1.18 on Wednesday. The stock’s 50-day moving average is $1.08, and its two-hundred-day moving average is $1.11. Socket Mobile, Inc. has a 12-month low of $0.90 and a 12-month high of $1.53. The firm has a market cap of $8.91 million, a price-to-earnings ratio of -5.62 and a beta of 0.84.

Socket Mobile (NASDAQ:SCKT – Get Free Report ) last posted its quarterly earnings results on Wednesday, July 31st. The company reported ($0.08) earnings per share (EPS) for the quarter. The business had revenue of $5.08 million during the quarter. Socket Mobile had a negative return on equity of 8.33% and a negative net margin of 8.93%.

Socket Mobile Company Profile

(Get a free report)

Socket Mobile, Inc provides data capture and delivery solutions in the United States, Europe, Asia and internationally. Its products and solutions are integrated into mobile applications for applications in the fields of point of sale, business services, asset tracking, manufacturing processes and quality control, transportation and logistics, event management, medical and education.

Read more

Get news and reviews for Socket Mobile Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Socket Mobile and related companies with MarketBeat.com’s FREE daily email newsletter.