Scio Diamond Technology Corp Major Shareholder Sells $14,000 in Stock (SCIO)
Scio Diamond Technology Corp (NASDAQ:SCIO) major shareholder Michael Monahan sold 50,000 shares of Scio Diamond Technology Corp stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $0.28, for a total value of $14,000.00. Following the completion of the transaction, the insider now directly owns 4,025,575 shares in the company, valued at approximately $1,127,161. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Scio Diamond Technology Corp (NASDAQ:SCIO) traded down 3.85% during mid-day trading on Friday, hitting $0.25. 19,350 shares of the company’s stock traded hands. Scio Diamond Technology Corp has a 52-week low of $0.15 and a 52-week high of $1.39. The stock has a 50-day moving average of $0.37 and a 200-day moving average of $0.37. The company’s market cap is $12.3 million.
Scio Diamond Technology Corporation (NASDAQ:SCIO) focuses on man-made diamond technology development and commercialization.
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