Smith-Midland Corp. (OTCMKTS:SMID) CEO Rodney I. Smith sold 4,700 shares of the company’s stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $7.70, for a total value of $36,190.00. Following the sale, the chief executive officer now owns 752,798 shares of the company’s stock, valued at $5,796,544.60. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Smith-Midland Corp. (OTCMKTS:SMID) opened at 7.60 on Friday. Smith-Midland Corp. has a one year low of $2.56 and a one year high of $9.00. The firm has a 50-day moving average price of $7.62 and a 200-day moving average price of $6.79. The firm has a market cap of $37.92 million, a PE ratio of 10.22 and a beta of 0.39.
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About Smith-Midland Corp.
Smith-Midland Corporation invents, develops, manufactures, markets, leases, licenses, sells and installs a range of precast concrete products for use in the construction, highway, utilities and farming industries, through its subsidiaries. The Company’s precast and barrier rental customers are primarily general contractors and federal, state, and local transportation authorities located in the Mid-Atlantic, Northeastern, Midwestern and Southeastern regions of the United States.
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