Insider Buying: The Guitammer Insider Buys 30,000 Shares of Stock (GTMM)
The Guitammer (NASDAQ:GTMM) Insider Mark A. Luden bought 30,000 shares of the company’s stock in a transaction dated Wednesday, August 20th. The shares were purchased at an average price of $0.07 per share, with a total value 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 purchase was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of The Guitammer (NASDAQ:GTMM) remained flat at $0.08 during trading on Monday. The Guitammer has a 1-year low of $0.02 and a 1-year high of $0.198. The stock has a 50-day moving average of $0.08 and a 200-day moving average of $0.1. 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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