Insider Selling: Green Earth Technologies Major Shareholder Sells 50,000 Shares of Stock (GETG)
Green Earth Technologies (NASDAQ:GETG) major shareholder Industries Co Ltd Techtronic sold 50,000 shares of the stock on the open market in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $0.10, for a total transaction of $5,000.00. Following the transaction, the insider now directly owns 28,591,667 shares in the company, valued at approximately $2,859,167. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Green Earth Technologies (NASDAQ:GETG) remained flat at $0.105 during trading on Wednesday. The stock had a trading volume of 69,500 shares. Green Earth Technologies has a one year low of $0.10 and a one year high of $0.30. The stock’s 50-day moving average is $0.14 and its 200-day moving average is $0.16. The company’s market cap is $17.6 million.
Green Earth Technologies, Inc (NASDAQ:GETG) markets, sells and distributes a range of environmentally-friendly, bio-based performance and cleaning products to the automotive aftermarket, outdoor power equipment and marine and markets.
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