ERF Wireless CEO H Dean Dr Cubley Acquires 100,000 Shares (ERFB)
ERF Wireless (NASDAQ:ERFB) CEO H Dean Dr Cubley bought 100,000 shares of the company’s stock on the open market in a transaction dated Thursday, September 19th. The stock was purchased at an average cost of $0.16 per share, for a total transaction of $16,000.00. Following the purchase, the chief executive officer now directly owns 220,806 shares of the company’s stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of ERF Wireless (NASDAQ:ERFB) traded down 8.81% on Thursday, hitting $0.145. The stock had a trading volume of 299,049 shares. ERF Wireless has a 52-week low of $0.14 and a 52-week high of $1.39. The stock’s 50-day moving average is $0.45 and its 200-day moving average is $0.56. The company’s market cap is $1.7 million.
ERF Wireless, Inc (NASDAQ:ERFB) critical infrastructure wireless broadband communications products and services to a broad spectrum of customers in primarily rural oil and gas exploration areas of North America.
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