Insider Buying: Red Oak Partners, Llc Acquires 9,000 Shares of SMTC Stock (SMTX)
SMTC (NASDAQ:SMTX) major shareholder Red Oak Partners, Llc bought 9,000 shares of the stock on the open market in a transaction dated Friday, September 13th. The stock was purchased at an average cost of $1.90 per share, for a total transaction of $17,100.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
SMTC (NASDAQ:SMTX) traded up 1.05% during mid-day trading on Monday, hitting $1.92. The stock had a trading volume of 8,973 shares. SMTC has a 52-week low of $1.60 and a 52-week high of $3.22. The stock’s 50-day moving average is $1.88 and its 200-day moving average is $2.0. The company’s market cap is $31.4 million.
SMTC Corporation (NASDAQ:SMTX) is a provider of electronics manufacturing services (EMS), including product design and sustaining engineering services, printed circuit board assembly (PCBA), production, enclosure fabrication, systems integration and testing services, configuration to order and end customer fulfillment.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.