Omnova Solutions Inc (OMN) Files Form 4 Insider Selling : Douglas E Wenger Sells 8,671 Shares

Omnova Solutions Inc (OMN): Douglas E Wenger , Sr VP & Chief Info Officer of Omnova Solutions Inc sold 8,671 shares on Jul 14, 2016. The Insider selling transaction was reported by the company on Jul 15, 2016 to the Securities and Exchange Commission. The shares were sold at $9.73 per share for a total value of $84,368.83 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 25, 2016, Jay T Austin (other) purchased 5,000 shares at $5.00 per share price.On Jan 22, 2016, James A Mitarotonda (director) purchased 43,038 shares at $4.84 per share price.Also, On Jan 21, 2016, William R Seelbach (director) purchased 10,000 shares at $4.85 per share price.On Jan 21, 2016, Paul F Desantis (CFO) purchased 2,200 shares at $4.41 per share price.

OMNOVA Solutions: On Friday, Jul 15, 2016 heightened volatility was witnessed in OMNOVA Solutions which led to swings in the share price. The shares opened for trading at $9.84 and hit $9.97 on the upside , eventually ending the session at $9.85, with a gain of 1.13% or 0.11 points. The heightened volatility saw the trading volume jump to 5,31,179 shares. The 52-week high of the share price is $10 and the company has a market cap of $443 M . The 52-week low of the share price is at $4.37.

OMNOVA Solutions Money Flow Index Chart

OMNOVA Solutions Inc. (OMNOVA) is a provider of emulsion polymers specialty chemicals and engineered surfaces for commercial industrial and residential end uses. The Company operates in two segments: Performance Chemicals and Engineered Surfaces. The Performance Chemicals segment produces a range of emulsion polymers and specialty chemicals based on styrene butadiene (SB) styrene butadiene acrylonitrile (SBA) styrene butadiene vinyl pyridine nitrile butadiene (NBR) polyvinyl acetate acrylic styrene acrylic vinyl acrylic glyoxal fluorochemicals and bio-based chemistries. The Engineered Surfaces segment develops designs produces and markets a line of functional and decorative surfacing products including coated fabrics laminates and industrial films. The Company sells its products directly to manufacturers. The Company has manufacturing facilities located in the United States France China India and Thailand.

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