International Baler Major Shareholder Purchases $7,168 in Stock (IBAL)
International Baler (NASDAQ:IBAL) major shareholder Alexander Toppan acquired 5,600 shares of the stock on the open market in a transaction that occurred on Monday, January 6th. The stock was purchased at an average price of $1.28 per share, with a total value of $7,168.00. The acquisition was disclosed in a document filed with the SEC, 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.
Shares of International Baler (NASDAQ:IBAL) remained flat at $1.28 during trading on Tuesday. International Baler has a 52 week low of $1.26 and a 52 week high of $2.28. The stock has a 50-day moving average of $1.49 and a 200-day moving average of $1.59. The company has a market cap of $6.6 million and a P/E ratio of 29.77.
International Baler Corporation (NASDAQ:IBAL) is a manufacturer of baling equipment which is fabricated from steel and utilizes hydraulic and electrical components to compress a variety of materials into bales.
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