NoFire Technologies Major Shareholder Elaine Cavanna Acquires 10,000 Shares (NFTI)
NoFire Technologies (NASDAQ:NFTI) major shareholder Elaine Cavanna purchased 10,000 shares of the stock in a transaction dated Thursday, October 3rd. The shares were purchased at an average cost of $0.07 per share, for a total transaction of $700.00. Following the transaction, the insider now directly owns 1,187,035 shares in the company, valued at approximately $83,092. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
NoFire Technologies (NASDAQ:NFTI) remained flat at $0.065 during trading on Thursday. NoFire Technologies has a 52 week low of $0.01 and a 52 week high of $0.11. The stock’s 50-day moving average is $0.06 and its 200-day moving average is $0.05. The company’s market cap is $2.9 million.
NoFire Technologies, Inc (NASDAQ:NFTI) is engaged in developing, manufacturing and marketing of fire retardant intumescent products and related consulting services.
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