Randal J. Kirk Acquires 1,538,461 Shares of AquaBounty Technologies, Inc. (AQB) Stock

AquaBounty Technologies, Inc. (NASDAQ:AQB) major shareholder Randal J. Kirk purchased 1,538,461 shares of the stock in a transaction that occurred on Wednesday, January 17th. The stock was bought at an average price of $3.25 per share, with a total value of $4,999,998.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Shares of AquaBounty Technologies, Inc. (AQB) traded down $0.22 on Friday, reaching $2.79. The company had a trading volume of 237,675 shares, compared to its average volume of 336,000. The company has a market capitalization of $26.77 and a P/E ratio of -2.31. AquaBounty Technologies, Inc. has a 12 month low of $2.75 and a 12 month high of $23.10. The company has a debt-to-equity ratio of 0.15, a quick ratio of 3.15 and a current ratio of 3.19.

AquaBounty Technologies (NASDAQ:AQB) last issued its quarterly earnings results on Thursday, November 2nd. The company reported ($0.28) earnings per share (EPS) for the quarter.

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AquaBounty Technologies Company Profile

AquaBounty Technologies, Inc, a biotechnology company, develops and markets products to enhance productivity in aquaculture. Its lead product is the AquAdvantage Salmon, a genetically modified animal for human consumption. The company was formerly known as Aqua Bounty Farms, Inc and changed its name to AquaBounty Technologies, Inc in June 2004.

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