Revenue Update on MOCON(NASDAQ:MOCO)

MOCON(NASDAQ:MOCO) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 9, 2016. Earnings per share were $0.14.

MOCON (MOCO) shares turned negative on Wednesdays trading session with the shares closing down -0.43 points or -2.74% at a volume of 1,390. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $15.45. The peak price level was also seen at $15.45 while the days lowest was $15.25. Finally the shares closed at $15.25. The 52-week high of the shares is $16 while the 52-week low is $12.1. According to the latest information available, the market cap of the company is $88 M.

Several Insider Transactions has been reported to the SEC. On Jun 13, 2016, Bradley D Goskowicz (director) purchased 1,000 shares at $14.04 per share price.Also, On Aug 24, 2015, Donald Nicholas Demorett (COO) purchased 1,000 shares at $13.79 per share price.On Aug 20, 2015, Elissa Jeanette Lindsoe (CFO) purchased 1,500 shares at $13.99 per share price, according to the Form-4 filing with the securities and exchange commission.

MOCON Inc. designs manufactures markets and services products and provides consulting services primarily in the test and measurement analytical instrument and services markets. The Company’s products include and systems used to detect measure and analyze gases and other chemical compounds as well as related consulting services. The Company’s Permeation segment includes systems and services that measure the rate at which various gases and vapors transmit through a variety of materials. The Package Testing segment provides customers the ability to assess package performance shelf-life and product safety using Modified Atmosphere Packaging and other technologies. The Industrial Analyzers and Other segment includes gas analysis and monitoring instrumentation used in applications such as oil and gas exploration beverage and gas analysis industrial hygiene and safety food safety environmental air monitoring and homeland security.

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