Mgt Capital Investments Inc (MGT) Files Form 4 Insider Selling : Robert Ladd Sells 190,903 Shares

Mgt Capital Investments Inc (MGT): Robert Ladd , President, CEO, Interim CFO of Mgt Capital Investments Inc sold 190,903 shares on May 25, 2016. The Insider selling transaction was reported by the company on May 31, 2016 to the Securities and Exchange Commission. The shares were sold at $2.48 per share for a total value of $468,827.59 , 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 31, 2016, Michael Onghai (director) sold 6,545 shares at $5.33 per share price.On Dec 1, 2015, Robert Ladd (President and CEO) sold 100,000 shares at $0.25 per share price.

MGT Capital Investments: On Friday, May 27, 2016 heightened volatility was witnessed in MGT Capital Investments which led to swings in the share price. The shares opened for trading at $2.29 and hit $2.55 on the upside , eventually ending the session at $2.35, with a gain of 1.73% or 0.04 points. The heightened volatility saw the trading volume jump to 53,79,322 shares. The 52-week high of the share price is $5.58 and the company has a market cap of $56 M . The 52-week low of the share price is at $0.1501.

MGT Capital Investments Money Flow Index Chart

MGT Capital Investments Inc. (MGT) through its subsidiaries is engaged in the business of acquiring developing and monetizing assets in the online and mobile gaming space and social casino. The Company has four segments: Medicsight Software/Devices Medicsight Services Gaming and Intellectual Property. MGT’s portfolio of assets in the online mobile gaming and social casino gaming space includes and Slot Champ. The Company’s direct and indirect owned subsidiaries include MGT Gaming Inc. (MGT Gaming) MGT Interactive LLC (MGT Interactive) Medicsight Inc. (Medicsight) MGT Studios Inc. (MGT Studios) M2P Americas Inc. MGT Sports Inc. (MGT Sports) and FanTD LLC (FanTD).

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