Ikonics Corp (IKNX) Files Form 4 Insider Buying : William C Ulland Buys 4,545 Shares

Ikonics Corp (IKNX): William C Ulland , CEO of Ikonics Corp purchased 4,545 shares on May 9, 2016. The Insider buying transaction was reported by the company on May 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $11.00 per share for a total value of $49,995.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 21, 2015, Gerald W Simonson (director) purchased 500 shares at $10.00 per share price.On Aug 18, 2015, David O Harris (director) purchased 300 shares at $11.41 per share price.Also, On Aug 18, 2015, Darrell B Lee (director) purchased 2,000 shares at $11.26 per share price.

Shares of IKONICS Corporation (IKNX) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.09% at $11.21 with 1,250 shares getting traded. Post opening the session at $11.0319, the shares hit an intraday low of $11.0319 and an intraday high of $11.22 and the price vacillated in this range throughout the day. The company has a market cap of $23 M and the number of outstanding shares has been calculated to be 20,18,253 shares. The 52-week high of IKONICS Corporation is $16 and the 52-week low is $9.76.

IKONICS Corporation Money Flow Index Chart

IKONICS Corporation is engaged in the development and manufacturing of photochemical imaging systems for sale primarily to a range of printers and decorators of surfaces. The Company also provides inkjet receptive films ancillary chemicals and related equipment. The Company has four primary technology platforms: Ultraviolet (UV) chemistry film coating and construction technical abrasive etching and industrial inkjet printing. The Company markets its products in various countries in various regions of the world including North America Europe Latin America and Asia. It has five operating segments: Domestic Export IKONICS Imaging Digital Texturing (DTX) and Advanced Material Solutions (AMS).

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