Insider Selling: Rohan Marley Sells 25,000 Shares of Jammin Java Corp Stock (JAMN)
Jammin Java Corp (NASDAQ:JAMN) Director Rohan Marley unloaded 25,000 shares of the stock on the open market in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $0.31, for a total value of $7,750.00. Following the transaction, the director now directly owns 12,952,955 shares of the company’s stock, valued at approximately $4,015,416. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Jammin Java Corp (NASDAQ:JAMN) remained flat at $0.30 during during mid-day trading trading on Friday. 204,337 shares of the company’s stock traded hands. Jammin Java Corp has a 1-year low of $0.26 and a 1-year high of $0.57. The stock’s 50-day moving average is $0.3 and its 200-day moving average is $0.3. The company’s market cap is $34.3 million.
Jammin Java Corp (NASDAQ:JAMN) last posted its quarterly earnings results on Wednesday, June 18th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.01.
Jammin Java Corp. (NASDAQ:JAMN), formerly Marley Coffee Inc, is a development-stage company.
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