The COB, CEO & Pres of Psychemedics Corp (NASDAQ: PMD) is Buying Shares


Today, the COB, CEO & Pres of Psychemedics Corp (NASDAQ: PMD), Raymond Kubacki, bought shares of PMD for $17.82K.

Following Raymond Kubacki’s last PMD Buy transaction on November 15, 2017, the stock climbed by 3.2%.

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Based on Psychemedics Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $10.94 million and quarterly net profit of $1.25 million. In comparison, last year the company earned revenue of $10.21 million and had a net profit of $1.5 million. The company has a one-year high of $27.99 and a one-year low of $15.99. PMD’s market cap is $113.2M and the company has a P/E ratio of 19.44.

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Psychemedics Corp. engages in the provision of drug testing services through the analysis of hair samples. Its testing methods utilize a technology that digests the hair and releases drugs trapped in the hair without destroying the drugs.

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