Myos Rens Technology Inc. (MYOS) Files Form 4 Insider Buying : Zhengguang Lyu Buys 50,000 Shares

Myos Rens Technology Inc. (MYOS): Zhengguang Lyu , director of Myos Rens Technology Inc. purchased 50,000 shares on Sep 23, 2016. The Insider buying transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were purchased at $1.70 per share for a total value of $84,995.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 7, 2016, Zhengguang Lyu (director) purchased 23,505 shares at $1.60 per share price.On Apr 8, 2016, Joseph Mannello (director) purchased 4,417 shares at $2.01 per share price.Also, On Dec 21, 2015, Robert J Hariri (director 10% owner) purchased 1,000 shares at $2.73 per share price.On Sep 8, 2015, Louis J. Aronne (director) purchased 5,000 shares at $1.76 per share price.

Shares of MYOS Corp (MYOS) ended Thursday, Sep 22, 2016 session in red amid volatile trading. The shares closed down -0.1 points or -5.88% at $1.6 with 21,214 shares getting traded. Post opening the session at $1.65, the shares hit an intraday low of $1.6 and an intraday high of $1.71 and the price vacillated in this range throughout the day. The company has a market cap of $8.1 M and the number of outstanding shares has been calculated to be 50,81,055 shares. The 52-week high of MYOS Corp is $4.4 and the 52-week low is $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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