Insider Buying: SMTC Corporation (SMTX) Major Shareholder Buys $44,388.03 in Stock

SMTC Corporation (NASDAQ:SMTX) major shareholder Red Oak Partners, Llc bought 27,917 shares of SMTC stock in a transaction on Tuesday, December 12th. The stock was acquired at an average cost of $1.59 per share, with a total value of $44,388.03. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Red Oak Partners, Llc also recently made the following trade(s):

  • On Thursday, September 28th, Red Oak Partners, Llc bought 100 shares of SMTC stock. The stock was acquired at an average cost of $1.30 per share, with a total value of $130.00.
  • On Friday, September 22nd, Red Oak Partners, Llc bought 29,200 shares of SMTC stock. The stock was acquired at an average cost of $1.29 per share, with a total value of $37,668.00.
  • On Monday, September 25th, Red Oak Partners, Llc bought 29,500 shares of SMTC stock. The stock was acquired at an average cost of $1.29 per share, with a total value of $38,055.00.
  • On Wednesday, September 20th, Red Oak Partners, Llc bought 113,600 shares of SMTC stock. The stock was acquired at an average cost of $1.29 per share, with a total value of $146,544.00.
  • On Thursday, September 21st, Red Oak Partners, Llc bought 124,700 shares of SMTC stock. The stock was acquired at an average cost of $1.29 per share, with a total value of $160,863.00.
  • On Friday, September 15th, Red Oak Partners, Llc bought 64,142 shares of SMTC stock. The stock was acquired at an average cost of $1.29 per share, with a total value of $82,743.18.

SMTC Corporation (NASDAQ SMTX) remained flat at $$1.74 during trading on Friday. The company’s stock had a trading volume of 31,555 shares, compared to its average volume of 26,670. SMTC Corporation has a 1-year low of $1.10 and a 1-year high of $1.94. The company has a quick ratio of 0.82, a current ratio of 1.44 and a debt-to-equity ratio of 0.33.

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About SMTC

SMTC Corporation (SMTC) is a provider of electronics manufacturing services (EMS). The Company’s manufacturing services include product design and sustaining engineering services, printed circuit board assembly (PCBA), production, enclosure fabrication, systems integration and testing services, configuration to order, build to order and direct order fulfillment.

Insider Buying and Selling by Quarter for SMTC (NASDAQ:SMTX)

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