Eastside Distilling Inc (NASDAQ:ESDI) Chairman Grover T. Wickersham purchased 500,000 shares of the firm’s stock in a transaction dated Thursday, September 15th. The shares were bought at an average cost of $0.03 per share, with a total value of $15,000.00. Following the transaction, the chairman now directly owns 2,195,088 shares of the company’s stock, valued at approximately $65,852.64. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Eastside Distilling Inc (NASDAQ:ESDI) opened at 0.08 on Thursday. Eastside Distilling Inc has a 52-week low of $0.04 and a 52-week high of $0.51. The stock’s 50 day moving average is $0.09 and its 200-day moving average is $0.10. The firm’s market cap is $7.63 million.
Eastside Distilling Company Profile
Eastside Distilling, Inc (Eastside) is a manufacturer, developer, producer and marketer of master-crafted spirits. The Company’s beverage alcohol categories include bourbon, whiskey, rum and vodka. The Company operates through the marketing and distributing of hand-crafted spirits segment. Its brands include Burnside Bourbon, Burnside Oregon Oaked Bourbon, Barrel Hitch American Whiskey, Barrel Hitch Oregon Oak American Whiskey, Below Deck Silver Rum, Below Deck Ginger Rum, Below Deck Coffee Rum, Below Deck Spiced Rum, Portland Potato Vodka, Marionberry Whiskey and Cherry Bomb Whiskey.
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