Revltn Light Techn CFO Charles J. Schafer Buys 50,000 Shares (RVLT)
Revltn Light Techn (NASDAQ:RVLT) CFO Charles J. Schafer bought 50,000 shares of the company’s stock in a transaction dated Monday, August 25th. The stock was purchased at an average cost of $2.14 per share, for a total transaction of $107,000.00. Following the completion of the transaction, the chief financial officer now directly owns 400,000 shares of the company’s stock, valued at approximately $856,000. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Revltn Light Techn (NASDAQ:RVLT) traded down 0.48% during mid-day trading on Wednesday, hitting $2.09. 295,824 shares of the company’s stock traded hands. Revltn Light Techn has a 52-week low of $2.01 and a 52-week high of $4.73. The stock’s 50-day moving average is $2.28 and its 200-day moving average is $2.70. The company’s market cap is $172.7 million.
Revltn Light Techn (NASDAQ:RVLT) last released its earnings data on Thursday, August 7th. The company reported $0.01 earnings per share (EPS) for the quarter.
Revolution Lighting Technologies Inc, formerly Nexxus Lighting, Inc, designs, manufacture, market and sells commercial grade, light emitting diode (NASDAQ:RVLT) replacement light bulbs and LED-based signage, channel letter and contour lighting products.
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