Non-Invasive Monitoring Systems Director Sells $190,658 in Stock (NIMU)
Non-Invasive Monitoring Systems (NASDAQ:NIMU) Director Marvin Arthur Sackner unloaded 1,733,250 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $0.11, for a total value of $190,657.50. Following the completion of the transaction, the director now directly owns 15,000 shares of the company’s stock, valued at approximately $1,650. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Non-Invasive Monitoring Systems (NASDAQ:NIMU) traded up 12.50% on Wednesday, hitting $0.18. The stock had a trading volume of 30,000 shares. Non-Invasive Monitoring Systems has a one year low of $0.12 and a one year high of $0.40. The stock’s 50-day moving average is $0.15 and its 200-day moving average is $0.19. The company’s market cap is $14.2 million.
Non-Invasive Monitoring Systems, Inc (NASDAQ:NIMU) along with its subsidiaries, is engaged in the research, development, manufacturing and marketing of a line of motorized, non-invasive, whole body, periodic acceleration platforms, which are intended as aids to increase local circulation and temporary relief of minor aches and pains, produce local muscle relaxation and reduce morning stiffness.
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