Trans-Lux Co. (TNLX) Director Buys $67,500,000.00 in Stock
Trans-Lux Co. (OTCMKTS:TNLX) Director Marco M. Elser acquired 5,000 shares of Trans-Lux stock in a transaction dated Friday, September 30th. The shares were acquired at an average price of $13,500.00 per share, with a total value of $67,500,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Shares of Trans-Lux Co. (OTCMKTS:TNLX) remained flat at $3.10 on Friday. 660 shares of the stock traded hands. The firm’s market capitalization is $5.30 million. The stock has a 50 day moving average price of $3.65 and a 200-day moving average price of $3.43. Trans-Lux Co. has a one year low of $2.01 and a one year high of $6.00.
Trans-Lux Corporation is a designer and manufacturer of digital signage display solutions. The Company designs, manufactures, distributes and services the elements of these systems that are real-time, programmable digital displays. These display systems utilize light emitting diode (LED) technologies.
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