Myos Rens Technology Inc. (MYOS) Files Form 4 Insider Buying : Zhengguang Lyu Buys 10,000 Shares

Myos Rens Technology Inc. (MYOS): Zhengguang Lyu , director of Myos Rens Technology Inc. purchased 10,000 shares on Jun 17, 2016. The Insider buying transaction was reported by the company on Jun 21, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.65 per share for a total value of $16,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 8, 2016, Joseph Mannello (director) purchased 4,417 shares at $2.01 per share price.On Dec 21, 2015, Robert J Hariri (director 10% owner) purchased 1,000 shares at $2.73 per share price.Also, On Sep 8, 2015, Louis J. Aronne (director) purchased 5,000 shares at $1.76 per share price.

MYOS Corp: On Monday, Jun 20, 2016 heightened volatility was witnessed in MYOS Corp which led to swings in the share price. The shares opened for trading at $1.68 and hit $2.7699 on the upside , eventually ending the session at $2.13, with a gain of 26.79% or 0.45 points. The heightened volatility saw the trading volume jump to 2,48,603 shares. The 52-week high of the share price is $4.4 and the company has a market cap of $11 M . The 52-week low of the share price is at $1.23.

MYOS Corp Money Flow Index Chart

MYOS Corporation is an early development-stage bionutritional and biotherapeutics company The Company is focused on the discovery development and commercialization of products that improve muscle health and function essential to the management of sarcopenia cachexia and degenerative muscle diseases and as an adjunct to the treatment of obesity. The Company has two marketed products: MYO-T12 and Cenegenics Muscle Formula. MYO-T12 is a myostatin inhibitor which is distributed by Maximum Human Performance (MHP) principally in the United States under the brand name MYO-X to specialty retail and other outlets. Cenegenics Muscle Formula is distributed by Cenegenics Product and Lab Services LLC (Cenegenics). The Company also has a product line Re Muscle Health which provides non-genetically modified organisms (non-GMO) protein bars shakes pudding mixes and ready-to-eat powders.

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