Insider Buying: Cadus Director Acquires 10,000 Shares of Stock (KDUS)
Cadus (NASDAQ:KDUS) Director Jack Gumpert Wasserman bought 10,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was purchased at an average cost of $1.54 per share, with a total value of $15,400.00. Following the completion of the transaction, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $15,400. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Cadus (NASDAQ:KDUS) traded up 3.23% on Thursday, hitting $1.60. 2,740 shares of the company’s stock traded hands. Cadus has a 1-year low of $1.40 and a 1-year high of $1.89. The stock’s 50-day moving average is $1.67 and its 200-day moving average is $1.56. The company’s market cap is $42.1 million.
Cadus Corporation (NASDAQ:KDUS) has a wholly owned subsidiary, Cadus Technologies, Inc (the Subsidiary), which holds all patents, patent applications, know how, licenses and drug discovery technologies of the Company.
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