JM Group Limited’s (NYSEAMERICAN:JMG) Lock-Up Period To Expire on June 8th

JM Group’s (NYSEAMERICAN:JMG) lock-up period is set to end on Monday, June 8th. JM Group had issued 3,750,000 shares in its public offering on December 10th. The total size of the offering was $15,000,000 based on an initial share price of $4.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

JM Group Stock Performance

JM Group stock opened at $6.61 on Monday. JM Group has a twelve month low of $4.23 and a twelve month high of $9.60. The company has a 50 day moving average of $6.61 and a 200-day moving average of $7.33.

Institutional Trading of JM Group

An institutional investor recently bought a new position in JM Group stock. Jane Street Group LLC acquired a new position in JM Group Limited (NYSEAMERICAN:JMG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 18,768 shares of the company’s stock, valued at approximately $112,000.

JM Group Company Profile

Journal Media Group, Inc is a media company. The Company has interests in newspapers and local digital media sites. The Company provides news, information and value to customers, employees and advertisers. The Company serves audiences and businesses, through a portfolio of print and digital media brands, including approximately 20 daily newspapers in over 10 markets across the United States. The Company operates a collection of local digital journalism and information businesses. The Company is engaged in commercial printing and the delivery of other publications.