Cadus Major Shareholder Sells $24,377 in Stock (KDUS)
Cadus (NASDAQ:KDUS) major shareholder Moab Capital Partners Llc unloaded 16,812 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $1.45, for a total value of $24,377.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Cadus (NASDAQ:KDUS) traded down 1.38% on Tuesday, hitting $1.43. 56,388 shares of the company’s stock traded hands. Cadus has a one year low of $1.35 and a one year high of $1.45. The stock has a 50-day moving average of $1.41 and a 200-day moving average of $1.39. The company’s market cap is $18.8 million.
Cadus Corporation (NASDAQ:KDUS) has a wholly owned subsidiary, Cadus Technologies, Inc (the Subsidiary), which holds all patents, patent applications, know how, licenses and drug discovery technologies of the Company.
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