Insider Buying: The Guitammer CFO Acquires 4,000 Shares of Stock (GTMM)
The Guitammer (NASDAQ:GTMM) CFO Richard E. Conn purchased 4,000 shares of the company’s stock on the open market in a transaction dated Tuesday, August 26th. The stock was purchased at an average cost of $0.10 per share, with a total value of $400.00. Following the acquisition, the chief financial officer now directly owns 39,206 shares of the company’s stock, valued at approximately $3,921. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of The Guitammer (NASDAQ:GTMM) opened at 0.09 on Thursday. The Guitammer has a one year low of $0.02 and a one year 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 $7.2 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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