Insider Buying: Jeffrey Moore Buys 250,000 Shares of Sitestar Stock (SYTE)
Sitestar (NASDAQ:SYTE) Director Jeffrey Moore bought 250,000 shares of Sitestar stock on the open market in a transaction that occurred on Thursday, July 31st. The shares were purchased at an average price of $0.04 per share, for a total transaction of $10,000.00. Following the purchase, the director now directly owns 2,690,849 shares in the company, valued at approximately $107,634. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Sitestar (NASDAQ:SYTE) opened at 0.04 on Wednesday. The stock has a 50-day moving average of $0. and a 200-day moving average of $0.. The company has a market cap of $3.0 million and a P/E ratio of 40.00.
Sitestar Corporation (NASDAQ:SYTE), is an Internet Service Provider (ISP).
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