Sono-Tek CEO Christopher L. Coccio Sells 3,100 Shares (SOTK)
Sono-Tek (NASDAQ:SOTK) CEO Christopher L. Coccio unloaded 3,100 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $1.25, for a total transaction of $3,875.00. Following the transaction, the chief executive officer now directly owns 514,367 shares of the company’s stock, valued at approximately $642,959. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Sono-Tek (NASDAQ:SOTK) traded down 4.00% during mid-day trading on Thursday, hitting $1.20. The stock had a trading volume of 8,874 shares. Sono-Tek has a 52 week low of $0.79 and a 52 week high of $1.26. The stock has a 50-day moving average of $1.18 and a 200-day moving average of $1.11. The company has a market cap of $17.7 million and a price-to-earnings ratio of 52.08.
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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