The VP of Laboratory Operations of Psychemedics Corp (NASDAQ: PMD) is Selling Shares

Today, the VP of Laboratory Operations of Psychemedics Corp (PMDResearch Report), Michael Schaffer, sold shares of PMD for $90.87K.

In addition to Michael Schaffer, one other PMD executive reported Sell trades in the last month.

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PMD’s market cap is $53.91M and the company has a P/E ratio of 13.99. Currently, Psychemedics Corp has an average volume of 15.29K.

In the last 30 days, insiders have sold $90.87K worth of PMD shares and purchased $4,950 worth of PMD shares.

Michael Schaffer’s trades have generated a 30.8% 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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Psychemedics Corp. engages in the provision of drug testing services through the analysis of hair samples. It specializes in a five panel drug testing process for cocaine, opioids, Phenyclidine, amphetamines, and marijuana. It offers workplace, school, and personal drug testing services.