Sono-Tek Co. (SOTK) Director Joseph Riemer Sells 20,000 Shares
Sono-Tek Co. (OTCMKTS:SOTK) Director Joseph Riemer sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $1.41, for a total transaction of $28,200.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of Sono-Tek Co. (OTCMKTS:SOTK) remained flat at $$1.49 during mid-day trading on Friday. The company had a trading volume of 8,600 shares, compared to its average volume of 12,419. Sono-Tek Co. has a 12 month low of $1.00 and a 12 month high of $1.49. The company has a current ratio of 3.86, a quick ratio of 3.15 and a debt-to-equity ratio of 0.12.
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Sono-Tek Corporation is engaged in the development, manufacture and sale of ultrasonic liquid atomizing nozzles. The Company utilizes its technology, ultrasonic spray coating, to provide customized coating solutions to a range of manufacturing companies, enabling to develop new products. The Company operates through two segments: ultrasonic spray coating systems, which is in the business of developing, manufacturing, selling, installing and servicing ultrasonic spray coating equipment, and real estate operations, which is in the business of owning and operating the Sono-Tek Industrial Park.
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