Ntn Buzztime Inc (NTN): Paul Yanover , director of Ntn Buzztime Inc purchased 65,000 shares on May 26, 2016. The Insider buying transaction was reported by the company on May 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.16 per share for a total value of $10,897.61 , 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 26, 2016, Ram Krishnan (CEO) purchased 50,000 shares at $0.16 per share price.On May 18, 2016, Dave Brian Miller (SVP Marketing) purchased 50,000 shares at $0.17 per share price.Also, On Mar 16, 2016, Allen Wolff (CFO) purchased 15,000 shares at $0.19 per share price.On Jun 24, 2015, Steve Mitgang (director) purchased 15,000 shares at $0.42 per share price.
NTN Buzztime Inc: On Wednesday, May 25, 2016 heightened volatility was witnessed in NTN Buzztime Inc which led to swings in the share price. The shares opened for trading at $0.161 and hit $0.1688 on the upside , eventually ending the session at $0.1659, with a gain of 5.07% or 0.008 points. The heightened volatility saw the trading volume jump to 73,845 shares. The 52-week high of the share price is $0.59 and the company has a market cap of $15 M . The 52-week low of the share price is at $0.0958.
NTN Buzztime Inc. provides an entertainment and marketing services platform for hospitality venues that offers games events and entertainment experiences to their patrons. The Company’s entertainment system enables players to interact at the venue and it also enables competition between venues referred to as multiplayer gaming. The Company generates revenue by charging subscription fees for its service to its network subscribers by leasing equipment including tablets used in the Company’s BEOND platform and the cases and charging trays for the tablets to certain network subscribers by hosting live trivia events by selling advertising aired on in-venue screens and as part of customized games and directly from consumers who pay to play or use the an arcade and a digital music jukebox which it offers via BEOND platform. The Company owns a range of brands which include the Buzztime Playmaker Mobile Playmaker BEOND Powered by Buzztime and Play Along.