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Sunvault Energy (NASDAQ:SVLT) President Gary Monaghan acquired 30,000 shares of the company’s stock in a transaction that occurred on Thursday, May 8th. The stock was purchased at an average cost of $0.20 per share, for a total transaction of $6,000.00. Following the completion of the transaction, the president now directly owns 60,000 shares in the company, valued at approximately $12,000. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Sunvault Energy (NASDAQ:SVLT) traded down 5.05% during mid-day trading on Thursday, hitting $0.1899. The stock had a trading volume of 329,850 shares. Sunvault Energy has a 52-week low of $0.031 and a 52-week high of $2.25. The stock has a 50-day moving average of $0.18 and a 200-day moving average of $0.17. The company’s market cap is $16.9 million.

SunVault Energy, Inc is a development stage company. The Company is engaged in providing renewable integration into energy production, energy delivery and energy consumption.

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