Insider Selling: TMSR Holding Company Ltd (NASDAQ:TMSR) CEO Sells 1,000,000 Shares of Stock

TMSR Holding Company Ltd (NASDAQ:TMSR) CEO Yimin Jin sold 1,000,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $0.80, for a total transaction of $800,000.00. Following the transaction, the chief executive officer now directly owns 4,267,528 shares in the company, valued at approximately $3,414,022.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of TMSR stock traded up $0.11 during midday trading on Wednesday, reaching $0.89. 5,236 shares of the company were exchanged, compared to its average volume of 98,336. The company’s 50 day moving average price is $0.87 and its two-hundred day moving average price is $1.17. TMSR Holding Company Ltd has a 12 month low of $0.66 and a 12 month high of $9.47. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 0.01.

TMSR Company Profile

TMSR Holding Company Limited, together with its subsidiaries, focuses on the research, development, production, and sale of solid waste recycling systems for the mining and industrial sectors in the People's Republic of China. It is also involved in the iron ore trading, wine import and resale, and Agarwood wine trading businesses; and provision of ship exchange consulting services.

Further Reading: Closed-End Mutual Funds

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