Sono-Tek CEO Sells $21,600 in Stock (SOTK)
Sono-Tek (NASDAQ:SOTK) CEO Christopher L. Coccio sold 20,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $1.08, for a total value of $21,600.00. Following the sale, the chief executive officer now directly owns 517,467 shares of the company’s stock, valued at approximately $558,864. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Sono-Tek (NASDAQ:SOTK) traded up 3.33% during mid-day trading on Monday, hitting $1.24. The stock had a trading volume of 18,530 shares. Sono-Tek has a 52-week low of $0.77 and a 52-week high of $1.26. The stock’s 50-day moving average is $1.17 and its 200-day moving average is $1.10. The company has a market cap of $18.2 million and a price-to-earnings ratio of 50.00.
Sono-Tek Corporation manufactures and wholesales ultrasonic nozzles systems, as well as developing nozzle systems and spraying and coating application systems.
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