Christopher Todd Payne Purchases 1,000,000 Shares of Sitestar Co. (SYTE) Stock
Sitestar Co. (NASDAQ:SYTE) Director Christopher Todd Payne bought 1,000,000 shares of the business’s stock in a transaction on Monday, November 7th. The stock was purchased at an average price of $0.05 per share, for a total transaction of $50,000.00. Following the purchase, the director now directly owns 2,278,000 shares in the company, valued at approximately $113,900. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of Sitestar Co. (NASDAQ:SYTE) opened at 0.084 on Friday. The company’s market cap is $13.25 million. The stock’s 50 day moving average price is $0.05 and its 200-day moving average price is $0.04. Sitestar Co. has a 52 week low of $0.03 and a 52 week high of $0.12.
Sitestar Company Profile
Sitestar Corporation, formerly Interfoods Consolidated, Inc, is an Internet service provider (ISP). The Company operates through three segments: Internet, Real estate and Corporate. The Company’s Internet segment provides Internet access to customers throughout the United States and Canada. The Company’s Real estate segment invests in, refurbishes and markets real estate for resale.
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