India Globalization Capital, Inc. (NYSEAMERICAN:IGC) Director Richard K. Prins sold 25,000 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $0.55, for a total transaction of $13,750.00. Following the transaction, the director now directly owns 438,970 shares in the company, valued at $241,433.50. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of India Globalization Capital, Inc. (NYSEAMERICAN:IGC) traded up $0.06 during trading on Tuesday, reaching $0.60. 1,120,178 shares of the company’s stock were exchanged, compared to its average volume of 326,831. India Globalization Capital, Inc. has a fifty-two week low of $0.20 and a fifty-two week high of $0.80.

India Globalization Capital (NYSEAMERICAN:IGC) last issued its quarterly earnings data on Monday, November 20th. The construction company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $0.24 million for the quarter. India Globalization Capital had a negative net margin of 817.04% and a negative return on equity of 25.75%.

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India Globalization Capital Company Profile

India Globalization Capital, Inc develops intellectual property for the treatment of life altering or life threatening conditions, through its research on phytocannabinoid-based therapies, in the United States. The Company also builds farming facilities for leasing. In Malaysia, the Company develops and manages residential and commercial real estate.

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