Insider Buying: Thomas Pauken Acquires 1,000 Shares of TOR Minerals International Stock (TORM)
TOR Minerals International (NASDAQ:TORM) Director Thomas Pauken acquired 1,000 shares of the company’s stock on the open market in a transaction dated Monday, September 9th. The stock was purchased at an average cost of $11.00 per share, for a total transaction of $11,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of TOR Minerals International (NASDAQ:TORM) traded down 2.54% during mid-day trading on Thursday, hitting $10.799. 3,777 shares of the company’s stock traded hands. TOR Minerals International has a 52-week low of $10.22 and a 52-week high of $14.94. The stock’s 50-day moving average is $11.06 and its 200-day moving average is $11.32. The company has a market cap of $32.5 million and a P/E ratio of 17.05.
TOR Minerals International, Inc (NASDAQ:TORM) is a global specialty chemical company engaged in the business of manufacturing and marketing mineral products for use as pigments, pigment extenders, functional fillers and flame retardants used in the manufacture of paints, coatings, plastics and catalysts.
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