Insider Buying: H Dean Dr Cubley Purchases 100,000 Shares of ERF Wireless Stock (ERFB)
ERF Wireless (NASDAQ:ERFB) CEO H Dean Dr Cubley purchased 100,000 shares of ERF Wireless stock in a transaction dated Tuesday, October 8th. The shares were purchased at an average cost of $0.09 per share, with a total value of $9,000.00. Following the transaction, the chief executive officer now directly owns 420,806 shares of the company’s stock, valued at approximately $37,873. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
ERF Wireless (NASDAQ:ERFB) traded down 3.49% on Tuesday, hitting $0.083. The stock had a trading volume of 325,070 shares. ERF Wireless has a one year low of $0.077 and a one year high of $1.17. The stock has a 50-day moving average of $0.31 and a 200-day moving average of $0.50. The company’s market cap is $962K.
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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