HASCO Medical Inc. (HASC) Stock Price Shows Flat Trends
HASCO Medical Inc. (OTC: HASC) is a healthcare company engaged in the business of selling and renting home medical and healthcare equipment. The company supplies wheel chairs, power chairs, hospital beds, ambulatory aids, safety equipment and rehabilitation equipment in Alabama, Florida and Mississippi.
At present, the stock is trading at $0.020 with market capitalization of $14.16 million. The company reported revenue of $2.27M and a loss of $91 thousands for the last twelve months in the recent quarter. The company is expecting a growth of 600% in its revenue for the current year. HASC’s 52-week high is $0.04 and 52-week low is $0.01. In the current year, the company stock’s price is almost closing flat with an average price of $0.02. This indicates that investors are cautious about the future of the company.
In a recent Form 8-K filings, the company announced that CFO James C. Thomas resigned his position as an executive officer of the company. Mr. Thomas was engaged with the company on a part-time basis. The board appointed Robyn Priest as CFO on a full-time basis.
In its brand building exercise, the company also launched new websites in the last month.
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Posted by Mike Zaman
on Thursday, February 16th, 2012. Filed under Internet, Technology.
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