Insider Buying: The Guitammer Insider Buys 30,000 Shares of Stock (GTMM)
The Guitammer (NASDAQ:GTMM) Insider Mark A. Luden acquired 30,000 shares of The Guitammer stock on the open market in a transaction dated Wednesday, August 20th. The stock was purchased at an average price of $0.07 per share, for a total transaction of $2,100.00. Following the completion of the transaction, the insider now directly owns 6,017,610 shares of the company’s stock, valued at approximately $421,233. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
The Guitammer (NASDAQ:GTMM) remained flat at $0.08 during during mid-day trading trading on Friday. The Guitammer has a 52 week low of $0.02 and a 52 week high of $0.198. The stock has a 50-day moving average of $0.08 and a 200-day moving average of $0.12. The company’s market cap is $6.4 million.
The Guitammer Company is a research, development and licensing company and manufacturer and marketer of low frequency audio transducers that allows users to feel low frequency sound (NASDAQ:GTMM) like a subwoofer.
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