The Sr. VP, Preclinical Srvcs. of Bioanalytical Systems (BASI) is Buying Shares

Today, the Sr. VP, Preclinical Srvcs. of Bioanalytical Systems (NASDAQ: BASI), Philip Downing, bought shares of BASI for $8,350.

This recent transaction increases Philip Downing’s holding in the company by 31.72% to a total of $34.05K.

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Based on Bioanalytical Systems’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $6.04 million and GAAP net loss of $75K. In comparison, last year the company earned revenue of $5.84 million and had a net profit of $221K. BASI’s market cap is $14.34M and the company has a P/E ratio of 49.70. Currently, Bioanalytical Systems has an average volume of 4,410.

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Bioanalytical Systems, Inc. operates as a pharmaceutical development company, which engages in the provision of drug discovery, development services, and analytical instruments. The company operates through through the following business segments: Contract Research Services and Research Products.