Fusion Telecommunications International Inc (FSNN) Files Form 4 Insider Buying : Giudice Michael J Del Buys 10,000 Shares

Fusion Telecommunications International Inc (FSNN): Giudice Michael J Del , director of Fusion Telecommunications International Inc purchased 10,000 shares on Jun 1, 2016. The Insider buying transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.41 per share for a total value of $14,100.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 25, 2016, Giudice Michael J Del (director) purchased 10,000 shares at $1.36 per share price.On May 24, 2016, Paul C Obrien (director) purchased 5,000 shares at $1.33 per share price.Also, On May 24, 2016, William David Rubin (director) purchased 1,938 shares at $1.28 per share price.On Feb 12, 2016, Capital Llc Unterberg (10% owner) purchased 1,706,932 shares at $0.00 per share price.

Fusion Telecommunications Int'l: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Fusion Telecommunications Int'l which led to swings in the share price. The shares opened for trading at $1.38 and hit $1.55 on the upside , eventually ending the session at $1.49, with a gain of 10.37% or 0.14 points. The heightened volatility saw the trading volume jump to 56,368 shares. The 52-week high of the share price is $5.43 and the company has a market cap of $22 M . The 52-week low of the share price is at $1.2.

Fusion Telecommunications Int'l Money Flow Index Chart

Fusion Telecommunications International Inc. (Fusion) is a provider of Internet protocol (IP) based digital voice and data communications services to corporations and carriers worldwide. The Company offers a comprehensive suite of cloud communications cloud connectivity and managed cloud-based applications solutions to small medium and large businesses and domestic and international voice services worldwide. Fusion advanced proprietary cloud services platform enables the integration of solutions in the cloud increasing customer collaboration and productivity by seamlessly connecting employees partners customers and vendors. The Company operates in two business segments: Business Services and Carrier Services. Fusion has its operation within cloud services assets used by Broadvox LLC and its affiliate Cypress Communications LLC.

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