Sono-Tek CFO Unloads $6,706 in Stock (SOTK)
Sono-Tek (NASDAQ:SOTK) CFO Stephen James Bagley sold 5,408 shares of the stock on the open market in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $1.24, for a total value of $6,705.92. Following the completion of the transaction, the chief financial officer now directly owns 10,000 shares of the company’s stock, valued at approximately $12,400. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Sono-Tek (NASDAQ:SOTK) traded up 2.46% on Wednesday, hitting $1.25. 9,500 shares of the company’s stock traded hands. Sono-Tek has a 1-year low of $0.77 and a 1-year high of $1.26. The stock has a 50-day moving average of $1.17 and a 200-day moving average of $1.11. The company has a market cap of $18.4 million and a P/E ratio of 51.25.
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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