Medical Action Industries (MDCI)

[dealorfx]

Medical Action Industries Inc. (MDCI) CFO Charles L Jr. Kelly buys 1,000 Shares

Feb. 26, 2009 | Filed Under: MDCI,

CFO of Medical Action Industries Inc. (MDCI) Charles L Jr. Kelly buys 1,000 shares of MDCI on 02/25/2009 at an average price of $6.13 a share.

Medical Action Industries develops manufactures markets and distributes a variety of disposable surgical related products. Through its existing direct sales force manufacturers' representatives and internal sales department their products are sold throughout the United States and certain international markets and is expanding their end-user base to include physician dental and veterinary offices. Medical Action Industries Inc. has a market cap of $123.42 million; its shares were traded at around $6 with a P/E ratio of 17.9 and P/S ratio of 0.42. Medical Action Industries Inc. had an annual average earning growth of 19.8% over the past 10 years. GuruFocus rated Medical Action Industries Inc. the business predictability rank of 3.5-star.

MDCI is in the portfolios of Robert Olstein of Olstein Financial Alert Fund.