Eastern Co (EML): James A Mitarotonda , director of Eastern Co purchased 10,000 shares on Jun 28, 2016. The Insider buying transaction was reported by the company on Jun 30, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.44 per share for a total value of $164,450.50 , 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 30, 2016, Frederick D. Disanto (director) purchased 2,000 shares at $16.36 per share price.On Jan 19, 2016, James A Mitarotonda (director) purchased 2,500 shares at $16.78 per share price.Also, On Jun 11, 2015, Charles W Henry (director) sold 5,000 shares at $19.29 per share price.
Eastern Co: On Wednesday, Jun 29, 2016 heightened volatility was witnessed in Eastern Co which led to swings in the share price. The shares opened for trading at $16.15 and hit $16.81 on the upside , eventually ending the session at $16.77, with a gain of 3.97% or 0.64 points. The heightened volatility saw the trading volume jump to 11,202 shares. The 52-week high of the share price is $19.27 and the company has a market cap of $105 M . The 52-week low of the share price is at $15.01.
The Eastern Company is engaged in the manufacture and sale of industrial hardware security products and metal products from six the United States operations and seven wholly owned foreign subsidiaries. The Company maintains thirteen physical locations. The Company operates in three business segments: Industrial Hardware Security Products and Metal Products. The Security Products segment provides products that safeguard property and control access. The Industrial Hardware segment manufactures a selection of latches locks and other security hardware used in the transportation and industrial sector. The Company’s Metal Products segment manufactures anchoring devices for supporting underground mine roofs. The Company operates from locations in the United States Canada Mexico Hong Kong Taiwan and China.