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CTI Group Holdings (NASDAQ:CTIG) Director Michael J. Reinarts purchased 4,000 shares of the company’s stock in a transaction that occurred on Friday, June 6th. The shares were purchased at an average price of $0.31 per share, for a total transaction of $1,240.00. Following the completion of the acquisition, the director now directly owns 2,790,858 shares of the company’s stock, valued at approximately $865,166. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of CTI Group Holdings (NASDAQ:CTIG) opened at 0.31 on Tuesday. CTI Group Holdings has a one year low of $0.23 and a one year high of $0.38. 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 $9.1 million and a P/E ratio of 28.18.

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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