Insider Selling: Synthesis Energy Systems Insider Sells 20,000 Shares of Stock (SYMX)
Synthesis Energy Systems (NASDAQ:SYMX) Insider Donald Bunnell unloaded 20,000 shares of the stock in a transaction that occurred on Wednesday, February 19th. The shares were sold at an average price of $1.78, for a total value of $35,600.00. Following the completion of the sale, the insider now directly owns 3,505,862 shares in the company, valued at approximately $6,240,434. The sale was disclosed in a filing with the SEC, which is available at this link.
Synthesis Energy Systems (NASDAQ:SYMX) traded down 1.78% during mid-day trading on Thursday, hitting $1.66. 589,347 shares of the company’s stock traded hands. Synthesis Energy Systems has a 52 week low of $0.60 and a 52 week high of $2.49. The stock has a 50-day moving average of $1.09 and a 200-day moving average of $0.81. The company’s market cap is $105.8 million.
Synthesis Energy Systems (NASDAQ:SYMX) last posted its quarterly earnings results on Wednesday, January 29th. The company reported ($0.02) earnings per share for the quarter. The company had revenue of $5.90 million for the quarter, compared to the consensus estimate of $0.01 million.
Synthesis Energy Systems, Inc (NASDAQ:SYMX), together with its wholly owned and majority owned controlled subsidiaries is a development-stage company.
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