Heritage Global CFO Purchases $1,650 in Stock (HGBL)
Heritage Global (NASDAQ:HGBL) CFO Scott Allen West purchased 5,000 shares of the stock in a transaction that occurred on Thursday, May 22nd. The shares were purchased at an average cost of $0.33 per share, with a total value of $1,650.00. Following the completion of the purchase, the chief financial officer now directly owns 20,000 shares of the company’s stock, valued at approximately $6,600. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Heritage Global (NASDAQ:HGBL) traded down 5.26% during mid-day trading on Tuesday, hitting $0.36. The stock had a trading volume of 6,678 shares. Heritage Global has a 52 week low of $0.01 and a 52 week high of $0.80. The stock’s 50-day moving average is $0.56 and its 200-day moving average is $0.64. The company’s market cap is $10.1 million.
Heritage Global Inc, formerly Counsel RB Capital Inc, owns certain patents, including two foundational patents in voice over Internet protocol (NASDAQ:HGBL) technology the United States Patent Nos.
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