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SMTC (NASDAQ:SMTX) CEO Sushil Dhiman bought 6,500 shares of the stock on the open market in a transaction dated Wednesday, August 27th. The stock was purchased at an average price of $1.81 per share, for a total transaction of $11,765.00. Following the transaction, the chief executive officer now directly owns 60,000 shares of the company’s stock, valued at approximately $108,600. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of SMTC (NASDAQ:SMTX) traded up 5.06% on Thursday, hitting $1.87. The stock had a trading volume of 38,020 shares. SMTC has a 52 week low of $1.43 and a 52 week high of $2.66. The stock has a 50-day moving average of $1.84 and a 200-day moving average of $1.8. The company’s market cap is $30.7 million.

SMTC Corporation (NASDAQ:SMTX) is a provider of electronics manufacturing services (EMS), including product design and sustaining engineering services, printed circuit board assembly (PCBA), production, enclosure fabrication, systems integration and testing services, configuration to order and end customer fulfillment.

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