Insider Buying: Guoqing Jiang Acquires 23,725 Shares of Tianyin Pharmaceutical Stock (TPI)
Tianyin Pharmaceutical (NYSE:TPI) CEO Guoqing Jiang acquired 23,725 shares of Tianyin Pharmaceutical stock in a transaction dated Tuesday, June 3rd. The shares were purchased at an average price of $0.68 per share, for a total transaction of $16,133.00. Following the completion of the purchase, the chief executive officer now directly owns 7,456,509 shares of the company’s stock, valued at approximately $5,070,426. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Tianyin Pharmaceutical (NYSE:TPI) opened at 0.68 on Friday. Tianyin Pharmaceutical has a 52 week low of $0.48 and a 52 week high of $1.44. The stock has a 50-day moving average of $0.79 and a 200-day moving average of $0.91. The company has a market cap of $20.0 million and a price-to-earnings ratio of 3.77.
Tianyin Pharmaceutical Co, Inc is a pharmaceutical company. Through the Company’s indirect wholly owned subsidiary Chengdu Tianyin Pharmaceutical Co, Ltd.
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