Dynamic Materials Corp (BOOM) Files Form 4 Insider Selling : Kevin T Longe Sells 8,250 Shares

Dynamic Materials Corp (BOOM): Kevin T Longe , President and CEO of Dynamic Materials Corp sold 8,250 shares on May 12, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $10.05 per share for a total value of $82,867.12 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, David C Aldous (director) purchased 3,500 shares at $7.97 per share price.On May 13, 2016, Kevin T Longe (President and CEO) sold 8,250 shares at $10.35 per share price.Also, On Mar 23, 2016, Jeff Nicol (SVP & Gen. Manager, Nobleclad) sold 3,000 shares at $6.59 per share price.On Dec 22, 2015, Richard P Graff (director) sold 1,200 shares at $6.12 per share price.

Shares of Dynamic Materials Corporation (BOOM) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.14 points or -1.40% at $9.84 with 71,172 shares getting traded. Post opening the session at $9.87, the shares hit an intraday low of $9.715 and an intraday high of $10.24 and the price vacillated in this range throughout the day. The company has a market cap of $142 M and the number of outstanding shares has been calculated to be 1,43,85,491 shares. The 52-week high of Dynamic Materials Corporation is $13.14 and the 52-week low is $4.8406.

Dynamic Materials Corporation Money Flow Index Chart

Dynamic Materials Corporation (DMC) operates a family of technical product and process businesses serving the energy industrial and infrastructure markets. The Company’s businesses operate globally through an international network of manufacturing distribution and sales facilities. The Company’s business segments consist of NobelClad and DynaEnergetics. NobelClad is engaged in the production of explosion-welded clad metal plates for use in the construction of corrosion resistant industrial processing equipment and specialized transition joints. DynaEnergetics manufactures and distributes products utilized by the global oil and gas industry principally for the perforation of oil and gas wells. The Company owns explosive metalworking and metallic processes and also registered trademarks including Detaclad Detacouple EFTEK ETJ 2000 and NOBELCLAD.

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