Telkonet Inc. (OTCMKTS:TKOI) Scheduled to Post Earnings on Monday
Shares of Telkonet Inc. (TKOI) opened at 0.175 on Monday. The company has a market cap of $23.28 million, a price-to-earnings ratio of 5.645 and a beta of 0.32. The stock has a 50 day moving average of $0.18 and a 200 day moving average of $0.16. Telkonet Inc. has a 12-month low of $0.12 and a 12-month high of $0.25.
TRADEMARK VIOLATION WARNING: This report was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was illegally stolen and republished in violation of U.S. and international trademark & copyright legislation. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/08/07/telkonet-inc-otcmktstkoi-scheduled-to-post-earnings-on-monday.html.
In other news, Director Peter T. Kross purchased 277,300 shares of Telkonet stock in a transaction dated Thursday, June 29th. The shares were bought at an average cost of $0.17 per share, for a total transaction of $47,141.00. Following the completion of the acquisition, the director now owns 4,581,055 shares in the company, valued at approximately $778,779.35. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Arthur E. Byrnes purchased 750,000 shares of Telkonet stock in a transaction dated Wednesday, June 21st. The shares were purchased at an average price of $0.17 per share, for a total transaction of $127,500.00. Following the completion of the acquisition, the director now owns 1,749,479 shares of the company’s stock, valued at approximately $297,411.43. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 1,160,425 shares of company stock worth $195,941. Company insiders own 9.30% of the company’s stock.
Telkonet, Inc (Telkonet) provides EcoSmart Platform of intelligent automation solutions to support the Internet of Things. The Company’s business is based on two synergistic divisions: EcoSmart Energy Management Technology (EcoSmart division) and EthoStream High Speed Internet Access (HSIA) Network (EthoStream division).
Receive News & Ratings for Telkonet Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telkonet Inc. and related companies with MarketBeat.com's FREE daily email newsletter.