Insider Selling: Jammin Java Corp Director Sells 25,000 Shares of Stock (JAMN)
Jammin Java Corp (NASDAQ:JAMN) Director Rohan Marley sold 25,000 shares of the stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $0.31, for a total transaction 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Jammin Java Corp (NASDAQ:JAMN) traded up 2.67% during mid-day trading on Monday, hitting $0.308. 59,492 shares of the company’s stock traded hands. Jammin Java Corp has a 52-week low of $0.26 and a 52-week high of $0.57. The stock’s 50-day moving average is $0.32 and its 200-day moving average is $0.34. The company’s market cap is $35.2 million.
Jammin Java Corp (NASDAQ:JAMN) last announced its earnings results on Wednesday, June 18th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters 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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