Clearone Inc (CLRO) Files Form 4 Insider Selling : Larry Hendricks Sells 5,000 Shares

Clearone Inc (CLRO): Larry Hendricks , director of Clearone Inc sold 5,000 shares on Jun 2, 2016. The Insider selling transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were sold at $11.03 per share for a total value of $55,150.00 , the company said in a SEC Form 4 Filing.

ClearOne Incoprorated: On Friday, Jun 3, 2016 heightened volatility was witnessed in ClearOne Incoprorated which led to swings in the share price. The shares opened for trading at $11.03 and hit $11.09 on the upside , eventually ending the session at $11.09, with a gain of 0.54% or 0.06 points. The heightened volatility saw the trading volume jump to 1,070 shares. The 52-week high of the share price is $14.65 and the company has a market cap of $103 M . The 52-week low of the share price is at $9.51.

ClearOne Incoprorated Money Flow Index Chart

ClearOne Inc. (ClearOne) is a global company that designs develops and sells conferencing collaboration streaming and digital signage solutions for audio/voice and visual communications. The Company designs develops markets and services a line of conferencing products for personal use as well as traditional tabletop mid-tier professional products for large medium and small businesses. Its end users range from companies and institutions to small and medium-sized businesses higher education and government organizations as well as individual consumers. It sells its products to these end users through a global network of independent distributors who in turn sell its products to dealers systems integrators and other value-added resellers. Its products are categorized into the Professional audio communication products; Unified communications audio end points and Visual communication products. The Company’s products include CONVERGE Pro INTERACT and MAX EX among others.

Leave a Reply

ClearOne Incoprorated - Is it time to Sell?

Top Brokerage Firms are advising their investors on ClearOne Incoprorated. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.