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SMTC (NASDAQ:SMTX) CEO Sushil Dhiman bought 6,500 shares of SMTC stock on the open market in a transaction dated Wednesday, August 27th. The shares were purchased at an average cost of $1.81 per share, with a total value of $11,765.00. Following the completion of the transaction, the chief executive officer now directly owns 60,000 shares in the company, valued at approximately $108,600. The acquisition was disclosed in a filing with the SEC, which is available at this link.

SMTC (NASDAQ:SMTX) traded up 5.06% on Thursday, hitting $1.87. 33,712 shares of the company’s stock traded hands. SMTC has a 1-year low of $1.43 and a 1-year 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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