Insider Selling: Non-Invasive Monitoring Systems Director Sells 10,000 Shares of Stock (NIMU)
Non-Invasive Monitoring Systems (NASDAQ:NIMU) Director Marvin Arthur Sackner sold 10,000 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $0.30, for a total transaction of $3,000.00. Following the sale, the director now directly owns 1,771,961 shares of the company’s stock, valued at approximately $531,588. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Non-Invasive Monitoring Systems (NASDAQ:NIMU) traded down 8.14% on Tuesday, hitting $0.271. The stock had a trading volume of 1,000 shares. Non-Invasive Monitoring Systems has a 1-year low of $0.05 and a 1-year high of $0.40. The stock has a 50-day moving average of $0.31 and a 200-day moving average of $0.20. The company’s market cap is $21.4 million.
Non-Invasive Monitoring Systems, Inc (NASDAQ:NIMU) along with its subsidiaries, is engaged in the research, development, manufacturing and marketing of a line of motorized, non-invasive, whole body, periodic acceleration platforms, which are intended as aids to increase local circulation and temporary relief of minor aches and pains, produce local muscle relaxation and reduce morning stiffness.
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