Insider Selling: ScripsAmerica CFO Sells 100,000 Shares of Stock (SCRC)
ScripsAmerica (NASDAQ:SCRC) CFO Jeff Andrews sold 100,000 shares of the company’s stock on the open market in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $0.10, for a total transaction of $10,000.00. Following the sale, the chief financial officer now directly owns 4,480,000 shares in the company. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of ScripsAmerica (NASDAQ:SCRC) traded down 14.29% on Friday, hitting $0.18. 128,852 shares of the company’s stock traded hands. ScripsAmerica has a one year low of $0.111 and a one year high of $1.05. The stock’s 50-day moving average is $0.30 and its 200-day moving average is $0.31. The company’s market cap is $12.7 million.
ScripsAmerica, Inc provide distribution of pharmaceutical products. The Company is focused on pharmaceutical supply chain management services, from strategic sourcing to delivering niche generic pharmaceuticals to market.
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