Insider Buying: H Dean Dr Cubley Buys 100,000 Shares of ERF Wireless Stock (ERFB)
ERF Wireless (NASDAQ:ERFB) CEO H Dean Dr Cubley purchased 100,000 shares of the stock in a transaction dated Friday, October 18th. The stock was purchased at an average cost of $0.07 per share, for a total transaction of $7,000.00. Following the completion of the transaction, the chief executive officer now directly owns 520,806 shares in the company, valued at approximately $36,456. The purchase was disclosed in a document filed with the SEC, which is available at this link.
Shares of ERF Wireless (NASDAQ:ERFB) traded up 16.44% on Friday, hitting $0.085. The stock had a trading volume of 761,535 shares. ERF Wireless has a 52 week low of $0.072 and a 52 week high of $1.17. The stock has a 50-day moving average of $0.23 and a 200-day moving average of $0.47. The company’s market cap is $985K.
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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