Pen Inc (PENC) CEO Acquires $16,685.80 in Stock
Pen Inc (OTCMKTS:PENC) CEO Scott E. Rickert bought 43,910 shares of the company’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was purchased at an average price of $0.38 per share, for a total transaction of $16,685.80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Pen Inc (OTCMKTS:PENC) traded up 32.08% during trading on Thursday, reaching $1.75. 3,635 shares of the company traded hands. The firm’s market capitalization is $5.32 million. Pen Inc has a 12-month low of $1.00 and a 12-month high of $3.00. The firm’s 50 day moving average price is $1.23 and its 200 day moving average price is $1.51.
Pen (OTCMKTS:PENC) last posted its earnings results on Tuesday, May 23rd. The technology company reported $0.03 EPS for the quarter. The company had revenue of $2.22 million during the quarter.
PEN Inc is engaged in the marketing and sale of products enabled by nanotechnology. The Company develops and sells products based on its portfolio of intellectual property and its products include a portfolio of nano-layer coatings, nano-based cleaners, printable inks and pastes and thermal management materials.
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