Steven L. Shea Acquires 30,000 Shares of Blonder Tongue Labs, Inc. (BDR) Stock

Blonder Tongue Labs, Inc. (NYSEMKT:BDR) Director Steven L. Shea acquired 30,000 shares of the company’s stock in a transaction on Wednesday, September 21st. The stock was acquired at an average price of $0.60 per share, with a total value of $18,000.00. Following the purchase, the director now directly owns 337,126 shares in the company, valued at $202,275.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Blonder Tongue Labs, Inc. (NYSEMKT:BDR) opened at 0.60 on Tuesday. The firm has a 50-day moving average of $0.60 and a 200 day moving average of $0.48. Blonder Tongue Labs, Inc. has a 52 week low of $0.28 and a 52 week high of $1.10. The firm’s market cap is $4.44 million.

About Blonder Tongue Labs

Blonder Tongue Laboratories, Inc (Blonder Tongue), along with its subsidiary, R. L. Drake Holdings, LLC (RLD), is a technology-development and manufacturing company. The Company delivers a range of products and services to the cable entertainment and media industry. Its products are deployed in a list of locations, including lodging/hospitality, multi-dwelling units/apartments, broadcast studios/networks, universities/schools, healthcare/hospitals and airports.

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