Medical Action Industries Inc. (MDCI) news stock charts
Medical Action Industries Inc. (MDCI) Investment Summary:
Medical Action Industries Inc. (“Medical Action” or the “Company”) was incorporated under the laws of the State of New York on April 1, 1977, and re-incorporated under the laws of the State of Delaware on November 5, 1987. Headquartered in Hauppauge, New York, Medical Action develops, manufactures, markets and supplies a variety of disposable medical products. The Company’s products are marketed primarily to acute care facilities in domestic and certain international markets, and in recent years has expanded its end-user markets to include physician, dental and veterinary offices, out-patient surgery centers and long-term care facilities. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f06%2f11%2f0001193125-07-133322.html#FIS_BUSINESS"MEDICAL ACTION IND INC (MDCI:NASDAQ)
Snapshot of MEDICAL ACTION IND INC (MDCI)
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OPEN
$13.19
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PREVIOUS CLOSE
$13.10
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DAY HIGH
$13.24
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DAY LOW
$13.03
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52 WEEK HIGH
12/16/09 - $17.74
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52 WEEK LOW
03/20/09 - $5.42
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MARKET CAP
214.7M
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AVERAGE VOLUME 10 D
70.6K
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EPS TTM
$0.84
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SHARES OUTSTANDING
16.3M
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MDCI Does Not Pay Dividends
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P/E TTM
15.7x
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| K = Thousands M = Millions B = Billions | ||
Key developments for MEDICAL ACTION IND INC (MDCI)
Medical Action Industries Inc. reported unaudited earnings results for the third quarter and nine months ended December 31, 2009. Net sales for the three months ended December 31, 2009 totaled $73,176 000, an increase of $1,181,000, or 1.6% above the $71,995,000 in net sales reported for the three months ended December 31, 2008. Net income for the third quarter of fiscal 2010 was $4,010,000, or $0.25 per basic and diluted share, up significantly from the $157,000, or $0.01 per basic and diluted share, reported for the comparable three months of fiscal 2009. Income before income taxes was $6,664,000 against $252,000 of previous year period. Net sales for the nine months ended December 31, 2009 amounted to $218 923,000, a decrease of $4,291,000, or 1.9%, from the $223,214,000 in net sales reported for the nine months ended December 31, 2008. Net income for the nine months ended December 31, 2009 was $11,647,000, or $0.72 per basic and diluted share, an increase of $8,464,000 or $0.52 per basic and diluted share from the $3,183,000, or $0.20 per basic and diluted share, reported for the comparable nine months of fiscal 2009. Income before income taxes was $19,350,000 against $5,077,000 of previous year period. Book value per share was $8.44 compared to $7.61 for the same period last year.
Medical Action Industries Inc. reported net income of $4,010,000 for the third quarter of fiscal 2010. The company intends to make acquisitions. Chief Executive Officer and President of the company, Paul D. Meringolo said: We are not finished with our work in these functional areas and intend to make continual investments in each department over the foreseeable future. On the financial side, the benefit of lower resin costs as well as our focus on revenue and costs has delivered gross margins in the 23% range. We have also continued to generate strong cash flow, allowing us to consider potential acquisitions and reduce our debt by $30,721,000 over the last nine months.
Medical Action Industries Inc. announced that they will report Q3, 2010 results before the start of trading on February 04, 2010.
Medical Action Industries Inc. financial resources
MDCI Competitors
| Company | Last | Change |
| Becton Dickinson and Co | $79.10 USD | -0.29 |
| Cardinal Health Inc | $35.85 USD | +0.30 |
| Covidien PLC | $51.24 USD | +0.39 |
| Derma Sciences Inc | $5.10 USD | -0.68 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | MDCI | Industry Range |
| Price/Earnings | 15.8x |
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| Price/Sales | 0.7x |
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| Price/Book | 1.6x |
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| Price/Cash Flow | 15.9x |
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| TEV/Sales | 0.6x |
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MDCI |
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MDCI transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Medical Action Industries Inc.
Medical Action Industries Third Quarter Earnings Call to Take Place on February 4, 2010
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Medical Action Industries Reports Strong Third Quarter 2010 Fiscal Results
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Medical Action Industries Reports Strong Third Quarter 2010 Fiscal Results
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Q3 2010 Medical Action Industries Inc. Earnings Release - Before Market Open
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MEDICAL ACTION INDUSTRIES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
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Medical Action Industries Third Quarter Earnings Call to Take Place on February 4, 2010
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Medical Action Industries Inc. Earnings Call scheduled for Thu, Feb 4
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Q2 2010 Medical Action Industries Inc. Earnings Release - Before Market Open
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Medical Action Industries Second Quarter Earnings Call to Take Place on November 6, 2009
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Medical Action Industries Reports Strong Second Quarter 2010 Fiscal Results
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Medical Action Industries Inc. Q2 2010 Earnings Call Transcript
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MEDICAL ACTION INDUSTRIES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
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Medical Action Industries Inc. Earnings Call scheduled for 10:00 am ET today
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