Surge Components Inc (NASDAQ:SPRS) VP Steven J. Lubman acquired 16,625 shares of the company’s stock in a transaction that occurred on Friday, September 30th. The shares were acquired at an average cost of $1.07 per share, for a total transaction of $17,788.75. Following the purchase, the vice president now directly owns 886,030 shares of the company’s stock, valued at $948,052.10. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Surge Components Inc (NASDAQ:SPRS) opened at 1.03 on Tuesday. The company’s 50-day moving average is $0.81 and its 200 day moving average is $0.77. Surge Components Inc has a 1-year low of $0.52 and a 1-year high of $1.11. The company has a market cap of $10.36 million and a price-to-earnings ratio of 23.41.

5 Day Chart for NASDAQ:SPRS

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