Laurence S. Levy Sells 477,723 Shares of Rand Logistics, Inc. (RLOG) Stock
Rand Logistics, Inc. (NASDAQ:RLOG) Director Laurence S. Levy sold 477,723 shares of the firm’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $0.28, for a total value of $133,762.44. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of Rand Logistics, Inc. (NASDAQ RLOG) remained flat at $$0.28 during trading on Friday. 1,656,018 shares of the stock traded hands, compared to its average volume of 7,888,778. Rand Logistics, Inc. has a 52-week low of $0.19 and a 52-week high of $1.93.
Separately, ValuEngine upgraded Rand Logistics from a “strong sell” rating to a “sell” rating in a research report on Tuesday, November 7th.
About Rand Logistics
Rand Logistics, Inc is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company’s shipping business is operated in Canada by Lower Lakes Towing Ltd. (Lower Lakes Towing) and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation).
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