Today, a Director at Universal Stainless & Alloy Products (NASDAQ: USAP), David M. Kornblatt, sold shares of USAP for $73.6K.
Following David M. Kornblatt’s last USAP Sell transaction on June 04, 2018, the stock climbed by 3.0%.
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Based on Universal Stainless & Alloy Products’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $66.07 million and quarterly net profit of $4.04 million. In comparison, last year the company earned revenue of $52.61 million and had a net profit of $1.23 million. USAP’s market cap is $254.6M and the company has a P/E ratio of 16.36. Currently, Universal Stainless & Alloy Products has an average volume of 55.66K.
In the last 30 days, insiders have sold $73.6K worth of USAP shares and purchased $34.73K worth of USAP shares. The insider sentiment on Universal Stainless & Alloy Products has been neutral according to 19 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
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Universal Stainless & Alloy Products, Inc. engages in the manufacture and marketing of semi-finished and finished specialty steels, including stainless steel, nickel alloys, tool steel, and certain other alloyed steels.
