Assure Holdings Corp. (NASDAQ:IONM – Get Rating) major shareholder Preston T. Parsons sold 6,600 shares of the stock in a transaction that occurred on Tuesday, April 4th. The shares were sold at an average price of $4.85, for a total value of $32,010.00. Following the completion of the sale, the insider now directly owns 177,525 shares of the company's stock, valued at approximately $860,996.25. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Large shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.

Assure Price Performance

Shares of Assure stock opened at $2.96 on Tuesday. Assure Holdings Corp. has a twelve month low of $2.79 and a twelve month high of $118.70. The company has a quick ratio of 8.68, a current ratio of 8.68 and a debt-to-equity ratio of 0.50. The company has a 50-day simple moving average of $4.95 and a two-hundred day simple moving average of $7.88. The stock has a market capitalization of $3.26 million, a price-to-earnings ratio of -0.22 and a beta of 1.20.

Institutional Investors Weigh In On Assure

A hedge fund recently bought a new stake in Assure stock. Empery Asset Management LP acquired a new stake in Assure Holdings Corp. (NASDAQ:IONM – Get Rating) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 56,264 shares of the company's stock, valued at approximately $36,000. Empery Asset Management LP owned approximately 0.43% of Assure at the end of the most recent reporting period. 6.57% of the stock is currently owned by hedge funds and other institutional investors.

About Assure

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Assure Holdings Corp., through its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services primarily associated with spine and head surgeries. It delivers various clinical and operational services, including scheduling of the interoperative neurophysiologist and supervising practitioner, real time monitoring, patient advocacy, and billing services to support surgeons and medical facilities during invasive procedures.

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