Insider Selling: Green Group Ltd Pacific Sells 226,834 Shares of Pacific Green Technologies Stock (PGTK)
Pacific Green Technologies (NASDAQ:PGTK) major shareholder Green Group Ltd Pacific sold 226,834 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $3.07, for a total value of $696,380.38. Following the completion of the sale, the insider now directly owns 6,948,961 shares in the company, valued at approximately $21,333,310. The sale was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Pacific Green Technologies (NASDAQ:PGTK) remained flat at $6.62 during during mid-day trading trading on Tuesday. Pacific Green Technologies has a one year low of $1.01 and a one year high of $7.50. The stock’s 50-day moving average is $6.5 and its 200-day moving average is $6.04. The company’s market cap is $83.3 million.
Pacific Green Technologies Inc, formerly ECash, Inc, is a development-stage company. The company is focused primarily on the development of the business of acquiring and operating imaging centers and selling diagnostic products.
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