A Director at MTBC Inc (NASDAQ: MTBC) is Selling Shares

By Carrie Williams

Yesterday, a Director at MTBC Inc (MTBCResearch Report), John N. Daly, sold shares of MTBC for $37K.

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Based on MTBC Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $16.75 million and GAAP net loss of $771K. In comparison, last year the company earned revenue of $8.68 million and had a net profit of $195.3K. Currently, MTBC Inc has an average volume of 38.35K. The company has a one-year high of $5.65 and a one-year low of $3.25.

The insider sentiment on MTBC Inc has been negative according to 63 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

John N. Daly’s trades have generated a 0.7% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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MTBC, Inc. is a healthcare information technology company, which engages in the provision of web-based solutions and business services to healthcare providers. It operates through the Healthcare Information Technology (IT) and Practice Management segments. The Healthcare IT segment includes revenue cycle management and other services.