Insider Buying: Sushil Dhiman Purchases 13,500 Shares of SMTC Stock (SMTX)
SMTC (NASDAQ:SMTX) CEO Sushil Dhiman bought 13,500 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were purchased at an average cost of $1.78 per share, for a total transaction of $24,030.00. Following the completion of the acquisition, the chief executive officer now directly owns 53,500 shares of the company’s stock, valued at approximately $95,230. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
SMTC (NASDAQ:SMTX) opened at 1.7701 on Thursday. SMTC has a 52 week low of $1.43 and a 52 week high of $2.66. The stock has a 50-day moving average of $1.86 and a 200-day moving average of $1.88. The company’s market cap is $29.1 million.
SMTC Corporation (NASDAQ:SMTX) is a provider of electronics manufacturing services (EMS), including product design and sustaining engineering services, printed circuit board assembly (PCBA), production, enclosure fabrication, systems integration and testing services, configuration to order and end customer fulfillment.
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