Ikonics Corp (IKNX) Files Form 4 Insider Buying : Gerald W Simonson Buys 322 Shares

Ikonics Corp (IKNX): Gerald W Simonson , director of Ikonics Corp purchased 322 shares on Jun 24, 2016. The Insider buying transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were purchased at $10.50 per share for a total value of $3,381.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 2, 2016, David O Harris (director) sold 1,150 shares at $10.85 per share price.On May 10, 2016, William C Ulland (CEO) purchased 4,545 shares at $11.00 per share price.Also, On Dec 21, 2015, Gerald W Simonson (director) purchased 500 shares at $10.00 per share price.On Aug 18, 2015, Darrell B Lee (director) purchased 2,000 shares at $11.26 per share price.

IKONICS Corporation: On Friday, Jun 24, 2016 heightened volatility was witnessed in IKONICS Corporation which led to swings in the share price. The shares opened for trading at $10.5 and hit $11.36 on the upside , eventually ending the session at $11.36, with a gain of 7.17% or 0.76 points. The heightened volatility saw the trading volume jump to 1,556 shares. The 52-week high of the share price is $15.9999 and the company has a market cap of $23 M . The 52-week low of the share price is at $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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