Insider Buying: William Bruce Marcus Purchases 500,000 Shares of Respect Your Universe Stock (RYUN)
Respect Your Universe (NASDAQ:RYUN) Director William Bruce Marcus bought 500,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was purchased at an average cost of $0.10 per share, with a total value of $50,000.00. Following the completion of the acquisition, the director now directly owns 715,000 shares in the company, valued at approximately $71,500. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Respect Your Universe (NASDAQ:RYUN) traded up 33.10% during mid-day trading on Wednesday, hitting $0.0933. The stock had a trading volume of 111,000 shares. Respect Your Universe has a 52-week low of $0.06 and a 52-week high of $0.56. The stock’s 50-day moving average is $0.07 and its 200-day moving average is $0.14. The company’s market cap is $5.9 million.
Respect Your Universe, Inc (NASDAQ:RYUN) in a start-up stage company.
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