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Profile - eResearch Technology, Inc (NasdaqNM:ERES)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | Msgs | Insider
Recent Events
Aug  3Price hit new 52-week high ($7.50)
Location
30 South 17th Street
Philadelphia, PA 19103
Phone: (215) 972-0420
Fax: (215) 972-0414
Email: bdigiacobbe@ert.com
Employees (last reported count): 180
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Business Services
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Ownership
·Insider and 5%+ Owners: 50%
·Institutional: 11% (21% of float)
(17 institutions)
·Net Inst. Selling: 343.0K shares (+87.95%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
eResearchTechnology, Inc., formerly known as PRWW, Ltd., is a business-to-business provider of integrated software applications and technology infrastructure to the pharmaceutical, biotechnology and medical device industries. The Company offers Internet and other technology-based solutions designed to streamline the clinical trials process through the automation of many parts of a clinical trial. The Company is also a provider of centralized collection and interpretation of electrocardiograms, one of the most frequently used tests in clinical trials. The Company's solutions are designed to improve the accuracy, timeliness and efficiency of trial set-up, data collection, management and interpretation and new drug or device application preparation.
More from Market Guide: Expanded Business Description

Financial Summary
ERES develops, markets and supports clinical trial and data management software and consulting services. ERES also provides centralized diagnostic testing services. For the six months ended 6/30/01, total revenues fell 2% to $12.9 million. Net loss totaled $5.4 million, up from $165 thousand. Revenues reflect a delay in license contract signings. Net loss reflects a $5 million charge related to continued negative market conditions of the investments in Medical Advisory Systems, Inc.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY1999 Pay

Joel Morganroth, M.D., 54
Chairman and Chief Scientist
$441K
Joseph Esposito, 47
Pres, CEO, Director
452K
Bruce Johnson, 49
CFO, Sr. VP
--  
David Dworaczyk, Ph.D., 43
Sr. VP- Bus. Devel.
176K
John Bauer, 51
VP
--  
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NasdaqNM:ERESAs of 31-Aug-2001
Price and Volume
52-Week Low
on 16-May-2001
$4.45 
Recent Price$7.20 
52-Week High
on 3-Aug-2001
$7.50 
Daily Volume (3-month avg)12.5K
Daily Volume (10-day avg)11.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
13-Week Change+39.5%
13-Week Change
relative to S&P500
+55.2%
Share-Related Items
Market Capitalization$50.1M
Shares Outstanding6.96M
Float3.50M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$4.37 
Earnings (ttm)-$0.73 
Earnings (mrq)$0.01 
Sales (ttm)$3.90 
Cash (mrq)$3.01 
Valuation Ratios
Price/Book (mrq)1.65 
Price/EarningsN/A 
Price/Sales (ttm)1.84 
Income Statements
Sales (ttm)$27.8M
EBITDA (ttm)-$6.22M
Income available to common (ttm)-$5.08M
Profitability
Profit Margin (ttm)-16.0%
Operating Margin (ttm)-29.0%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-9.17%
Return on Equity (ttm)-15.27%
Financial Strength
Current Ratio (mrq)2.83 
Debt/Equity (mrq)0 
Total Cash (mrq)$21.0M
Short Interest
As of 8-Aug-2001
Shares Short3,000 
Percent of Float0.1%
Shares Short
(Prior Month)
2,000 
Short Ratio0.30 
Daily Volume10.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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