Dataram Corporation (NASDAQ:DRAM) has climbed 4.55% in the past week and advanced 26.03% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.8% and the outperformance has advanced to 24.88% for the last 4 weeks period.
Dataram Corporation (NASDAQ:DRAM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $0.87 and $0.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $1.03. The buying momentum continued till the end and the stock did not give up its gains. It closed at $0.92, notching a gain of 9.52% for the day. The total traded volume was 2,628,541 . The stock had closed at $0.84 on the previous day.
On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Dataram Corp, Moylan David Alan had purchased shares worth of $100,000 in a transaction dated on June 8, 2015. A total of 50,000 shares were purchased at a price of $2 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Currently the company Insiders own 2.6% of Dataram Corporation shares according to the proxy statements. Institutional Investors own 1.46% of Dataram Corporation shares.
Dataram Corporation (Dataram) is an independent manufacturer of memory products and provider of performance solutions. The Company markets memory systems for use with servers and workstations, which are manufactured by various companies. It provides customized memory solutions for original equipment manufacturers (OEMs) and memory for various brands, including HP, IBM, Lenovo and Oracle, as well as a line of memory products for Intel and AMD motherboard based servers. It operates through four business lines: Dataram/Princeton Memory, Micro Memory Bank (MMB), MemoryStore.com and 18004Memory.com. The Dataram/Princeton Memory Business provides memory products. The Micro Memory Bank business provides refurbished memory products. The Memory.com Web property provides a source for new and refurbished memory products used in desktops, laptops, notebooks, printers and digital cameras, among others. The Memorystore.com Web property provides a Web source for Dataram Value Memory products.