Transcat, Inc. (NASDAQ:TRNS) Director Angela J. Panzarella bought 1,000 shares of the firm’s stock in a transaction on Thursday, January 19th. The shares were bought at an average cost of $10.68 per share, for a total transaction of $10,680.00. Following the purchase, the director now owns 11,000 shares of the company’s stock, valued at approximately $117,480. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of Transcat, Inc. (NASDAQ:TRNS) opened at 11.10 on Wednesday. The company has a market cap of $77.82 million, a PE ratio of 18.20 and a beta of 0.76. Transcat, Inc. has a 52 week low of $8.26 and a 52 week high of $11.85. The company has a 50 day moving average of $10.69 and a 200 day moving average of $10.47.
Separately, TheStreet raised shares of Transcat from a “hold” rating to a “buy” rating in a research note on Wednesday, November 23rd.
Transcat, Inc is a provider of calibration and laboratory instrument services and a distributor of professional grade test, measurement and control instrumentation. The Company conducts its business through two segments: service (Service) and distribution (Distribution). Through the Service segment, the Company offers calibration, repair, inspection, analytical qualifications, preventative maintenance and other related services, a majority of which are processed through its asset management system, CalTrak (CalTrak).