Powin CEO Buys $30,000 in Stock (PWON)
Powin (NASDAQ:PWON) CEO Joseph Lu acquired 6,000 shares of the stock in a transaction dated Tuesday, May 27th. The shares were purchased at an average price of $5.00 per share, with a total value of $30,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Powin (NASDAQ:PWON) remained flat at $2.00 during trading on Friday. 93 shares of the company’s stock traded hands. Powin has a 52 week low of $1.55 and a 52 week high of $5.50. The stock has a 50-day moving average of $1.8 and a 200-day moving average of $2.0. The company’s market cap is $32.5 million.
POWIN Corporation (NASDAQ:PWON) is an original equipment manufacturer (OEM), which provides manufacturing coordination utilizing eight plants in the China, two in Taiwan and one in Mexico for companies throughout the United States and, one in Tualatin, Oregon, which provides metal manufacturing parts and components.
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