Weyland Tech Inc (OTCMKTS:WEYL) CEO Purchases $47,000.00 in Stock
Weyland Tech Inc (OTCMKTS:WEYL) CEO Brent Suen purchased 100,000 shares of the company’s stock in a transaction on Friday, October 11th. The stock was acquired at an average cost of $0.47 per share, for a total transaction of $47,000.00.
WEYL traded up $0.02 during trading on Thursday, hitting $0.47. The company’s stock had a trading volume of 157,284 shares, compared to its average volume of 76,215. Weyland Tech Inc has a twelve month low of $0.25 and a twelve month high of $2.48. The stock’s fifty day moving average price is $0.38 and its 200-day moving average price is $0.48.
Weyland Tech (OTCMKTS:WEYL) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.04) earnings per share (EPS) for the quarter. Weyland Tech had a negative net margin of 14.40% and a negative return on equity of 79.01%. The business had revenue of $7.14 million during the quarter.
Weyland Tech Inc provides e-commerce solutions and services that facilitate business-to-consumer and business-to-business transactions to small-medium-sized businesses and resellers. The company offers CreateApp platform to create a mobile application in Singapore, India, and the United States/Canada; and DIY App builder through a white label platform in European Union, Malaysia, Hong Kong, South China, Indonesia, North America, Thailand, the Philippines, and France.
Featured Story: Asset Allocation and Your Retirement
Receive News & Ratings for Weyland Tech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weyland Tech and related companies with MarketBeat.com's FREE daily email newsletter.