Insider Buying: Powin Corp (PWON) Insider Buys 2,852,858 Shares of Stock
Powin Corp (OTCMKTS:PWON) insider Danny Y. Lu bought 2,852,858 shares of the business’s stock in a transaction on Monday, August 14th. The shares were acquired at an average price of $0.53 per share, for a total transaction of $1,512,014.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Powin Corp (PWON) remained flat at $2.26 during mid-day trading on Wednesday. Powin Corp has a 52 week low of $1.18 and a 52 week high of $2.89. The stock’s market cap is $83.86 million. The company has a 50-day moving average price of $2.12 and a 200 day moving average price of $1.49.
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Powin Corp Company Profile
Powin Energy Corporation, formerly Powin Corporation, is a designer and developer of energy storage solutions for utilities, commercial and industrial, microgrid and electric vehicle (EV) fast-charging applications. The Company offers Battery Pack Operating System (bp-OS). Its bp-OS helps extend the life of batteries by balancing battery functions down to the cell level.
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