A Director at MSA Safety Incorporated (NYSE: MSA) is Selling Shares

By Carrie Williams

Today, a Director at MSA Safety Incorporated (NYSE: MSA), Edward Shaw, sold shares of MSA for $2.05M.

In addition to Edward Shaw, 20 other MSA executives reported Sell trades in the last month. Following Edward Shaw’s last MSA Sell transaction on November 28, 2016, the stock climbed by 7.6%.

The company has a one year high of $74.64 and a one year low of $43.96. MSA’s market cap is $2.65B and the company has a P/E ratio of 29.09. Currently, MSA Safety Incorporated has an average volume of 74.42K.

The insider sentiment on MSA Safety Incorporated has been neutral according to 85 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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MSA Safety, Inc. engages in developing, manufacturing, and sale of innovative products that enhances the safety and health of workers and protect facility infrastructures. It operates through the following geographical segments: North America, Europe, International, and Corporate. The North America segment is comprised of manufacturing, and research and development facilities. The Europe segment includes companies in most Western European countries, and a number of Eastern European countries along with locations in the Middle East and Russia. The International segment is consist of companies in South America, Africa, and Asia Pacific region, some of which are developing regions of the world. The Corporate segment is primarily focused on general and administrative expenses incurred in the corporate headquarters of the company, costs associated with corporate development initiatives, legal expense, interest expense, foreign exchange gains or losses, and other centrally-managed costs. The company was founded in 1914 is headquartered in Cranberry Township, PA.