Insider Buying: Privet Fund Management Llc Purchases 2,574 Shares of RELM Wireless Stock (RWC)
RELM Wireless (NYSE:RWC) Insider Privet Fund Management Llc acquired 2,574 shares of the stock in a transaction dated Friday, May 23rd. The shares were purchased at an average price of $3.44 per share, with a total value of $8,854.56. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of RELM Wireless (NYSE:RWC) traded up 0.90% during mid-day trading on Friday, hitting $3.481. 10,490 shares of the company’s stock traded hands. RELM Wireless has a 1-year low of $2.34 and a 1-year high of $4.09. The stock has a 50-day moving average of $3.22 and a 200-day moving average of $3.22. The company has a market cap of $47.2 million and a price-to-earnings ratio of 43.12.
RELM Wireless (NYSE:RWC) last released its earnings data on Tuesday, May 13th. The company reported $0.03 earnings per share (EPS) for the quarter. During the same quarter in the previous year, the company posted $0.07 earnings per share.
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