Insider Selling: Firouzeh Sarhangi Unloads 2,000 Shares of Corning Natural Gas Corp Stock (CNIG)
Corning Natural Gas Corp (NASDAQ:CNIG) CFO Firouzeh Sarhangi sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $20.00, for a total value of $40,000.00. Following the transaction, the chief financial officer now directly owns 12,133 shares in the company, valued at approximately $242,660. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of Corning Natural Gas Corp (NASDAQ:CNIG) opened at 20.00 on Thursday. Corning Natural Gas Corp has a 1-year low of $16.00 and a 1-year high of $22.00. The stock’s 50-day moving average is $20.2 and its 200-day moving average is $18.66.
Corning Natural Gas Corporation is a natural gas utility. The Company distributes natural gas through its distribution and transmission network to residential, commercial, industrial and municipal customers in the Corning, Hammondsport and Virgil, New York, areas and to two other gas utilities which service the Elmira and Bath, New York, areas.
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