Insider Buying: Mark A. Luden Acquires 11,000 Shares of The Guitammer Stock (GTMM)
The Guitammer (NASDAQ:GTMM) Insider Mark A. Luden purchased 11,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, August 29th. The shares were purchased at an average cost of $0.11 per share, with a total value of $1,210.00. Following the completion of the transaction, the insider now directly owns 6,058,610 shares in the company, valued at approximately $666,447. The transaction was disclosed in a filing with the SEC, which is available at this link.
Shares of The Guitammer (NASDAQ:GTMM) remained flat at $0.12 during trading on Thursday. The stock had a trading volume of 45,000 shares. The Guitammer has a 1-year low of $0.02 and a 1-year high of $0.198. The stock’s 50-day moving average is $0.08 and its 200-day moving average is $0.12. The company’s market cap is $9.6 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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