CTI Group Holdings Director Michael J. Reinarts Buys 2,000 Shares (CTIG)
CTI Group Holdings (NASDAQ:CTIG) Director Michael J. Reinarts bought 2,000 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was purchased at an average price of $0.31 per share, for a total transaction of $620.00. Following the completion of the purchase, the director now directly owns 2,781,558 shares in the company, valued at approximately $862,283. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
CTI Group Holdings (NASDAQ:CTIG) traded down 3.17% during mid-day trading on Wednesday, hitting $0.305. The stock had a trading volume of 15,650 shares. CTI Group Holdings has a 52 week low of $0.23 and a 52 week high of $0.36. The stock has a 50-day moving average of $0.30 and a 200-day moving average of $0.29. The company has a market cap of $8.9 million and a price-to-earnings ratio of 28.64.
CTI Group (NASDAQ:CTIG) Inc (CTI) designs, develops, markets and supports intelligent electronic invoice processing, enterprise communications management software and services solutions, and carrier class voice over Internet protocol management applications.
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