Crumbs Bake Shop Major Shareholder Unloads $1,003,128 in Stock (CRMB)
Crumbs Bake Shop (NASDAQ:CRMB) major shareholder Austin & Greenhouse Da Marxe sold 1,023,600 shares of Crumbs Bake Shop stock on the open market in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $0.98, for a total transaction of $1,003,128.00. The transaction was disclosed in a document filed with the SEC, which is available at 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.
Crumbs Bake Shop (NASDAQ:CRMB) traded up 3.81% on Monday, hitting $1.09. The stock had a trading volume of 16,018 shares. Crumbs Bake Shop has a 52-week low of $0.79 and a 52-week high of $3.49. The stock’s 50-day moving average is $1.11 and its 200-day moving average is $1.50. The company’s market cap is $12.7 million.
Crumbs Bake Shop, Inc, formerly 57th Street General Acquisition Corp., is owner of Crumbs Holdings LLC (NASDAQ:CRMB), a neighborhood bakery and a retailer of cupcakes.
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