ERF Wireless CEO Purchases 100,000 Shares (ERFB)
ERF Wireless (NASDAQ:ERFB) CEO H Dean Dr Cubley purchased 100,000 shares of ERF Wireless stock in a transaction dated Thursday, October 24th. The shares were purchased at an average cost of $0.08 per share, for a total transaction of $8,000.00. Following the completion of the transaction, the chief executive officer now directly owns 620,806 shares of the company’s stock, valued at approximately $49,664. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
ERF Wireless (NASDAQ:ERFB) traded down 6.67% on Thursday, hitting $0.07. 515,222 shares of the company’s stock traded hands. ERF Wireless has a one year low of $0.14 and a one year high of $1.45. The stock’s 50-day moving average is $0.48 and its 200-day moving average is $0.57. The company’s market cap is $812K.
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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