A Director at Socket Mobile (NASDAQ: SCKT) is Buying Shares

By Carrie Williams

Yesterday, a Director at Socket Mobile (SCKTResearch Report), Charlie Bass, bought shares of SCKT for $1,044.

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Based on Socket Mobile’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $4.98 million and quarterly net profit of $94K. In comparison, last year the company earned revenue of $4.14 million and had a GAAP net loss of $45.26K. SCKT’s market cap is $10.44M and the company has a P/E ratio of 527.27. Currently, Socket Mobile has an average volume of 11.17K.

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Socket Mobile, Inc. engages in the development and production of mobile systems solutions. It operates through the following geographical segments: United States; Europe; and Asia and rest of the World. The firm manufactures mobile devices such as smart phones, tablets, scanners and data collection peripherals. It also provides vertical software applications.