Insider Selling: Scio Diamond Technology Corp Director Sells 10,000 Shares of Stock (SCIO)
Scio Diamond Technology Corp (NASDAQ:SCIO) Director Michael Monahan sold 10,000 shares of the company’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $0.45, for a total transaction of $4,500.00. Following the sale, the director now directly owns 4,088,075 shares in the company, valued at approximately $1,839,634. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Scio Diamond Technology Corp (NASDAQ:SCIO) traded down 11.11% during mid-day trading on Tuesday, hitting $0.40. 11,500 shares of the company’s stock traded hands. Scio Diamond Technology Corp has a 1-year low of $0.15 and a 1-year high of $2.09. The stock has a 50-day moving average of $0.28 and a 200-day moving average of $0.51. The company’s market cap is $19.3 million.
Scio Diamond Technology Corporation (NASDAQ:SCIO) focuses on man-made diamond technology development and commercialization.
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