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Future Healthcare of America (NASDAQ:FUTU) CEO Christopher J. Spencer bought 250,375 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 29th. The stock was purchased at an average cost of $0.08 per share, for a total transaction of $20,030.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,000,000 shares in the company, valued at approximately $80,000. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Future Healthcare of America (NASDAQ:FUTU) traded up 12.36% on Tuesday, hitting $0.10. 2,418 shares of the company’s stock traded hands. Future Healthcare of America has a one year low of $0.04 and a one year high of $0.25. The stock’s 50-day moving average is $0.06 and its 200-day moving average is $0.09. The company’s market cap is $1.1 million.

Future Healthcare of America (NASDAQ:FUTU) is engaged in the provision of healthcare services.

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