Insider Buying: Cannell Capital Llc Buys 83,700 Shares of Hooper Holmes Stock (HH)
Hooper Holmes (NYSE:HH) major shareholder Cannell Capital Llc bought 83,700 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, January 29th. The stock was purchased at an average price of $0.50 per share, with a total value of $41,850.00. The purchase was disclosed in a filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.
Shares of Hooper Holmes (NYSE:HH) opened at 0.495 on Thursday. Hooper Holmes has a 52 week low of $0.31 and a 52 week high of $0.74. The stock has a 50-day moving average of $0.54 and a 200-day moving average of $0.49. The company’s market cap is $34.7 million.
Hooper Holmes (NYSE:HH) last posted its quarterly earnings results on Thursday, November 14th. The company reported ($0.05) earnings per share for the quarter.
Hooper Holmes, Inc (NYSE:HH) is engaged in providing health risk assessment services to the life insurance and health industries Hooper Holmes operates in one business segment and provides paramedical and medical examinations, personal health interviews and record collection, and laboratory testing, which help life insurance companies evaluate the risks associated with underwriting policies.
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