Insider Buying: Veriteq Corp Director Purchases 250,000 Shares of Stock (VTEQ)
Veriteq Corp (NASDAQ:VTEQ) Director Daniel E. Penni acquired 250,000 shares of the company’s stock on the open market in a transaction dated Monday, August 25th. The stock was purchased at an average cost of $0.02 per share, with a total value of $5,000.00. Following the completion of the acquisition, the director now directly owns 284,819 shares of the company’s stock, valued at approximately $5,696. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of Veriteq Corp (NASDAQ:VTEQ) traded up 13.57% during mid-day trading on Wednesday, hitting $0.0159. The stock had a trading volume of 5,560,076 shares. Veriteq Corp has a 52 week low of $0.01 and a 52 week high of $4.30. The stock’s 50-day moving average is $0.05 and its 200-day moving average is $0.62. The company’s market cap is $660K.
VeriTeq Corp, formerly Digital Angel Corporation operated in one business segment, which it refers to as its mobile games.
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