Eastside Distilling, Inc. (NASDAQ:BLNE) CEO Buys $20,880.00 in Stock

Eastside Distilling, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. bought 18,000 shares of the stock in a transaction that occurred on Wednesday, April 16th. The stock was bought at an average price of $1.16 per share, with a total value of $20,880.00. Following the completion of the purchase, the chief executive officer now directly owns 223,716 shares in the company, valued at $259,510.56. This represents a 8.75 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Eastside Distilling Stock Performance

Shares of NASDAQ BLNE traded down $0.05 during midday trading on Thursday, reaching $1.15. The company had a trading volume of 106,152 shares, compared to its average volume of 712,478. Eastside Distilling, Inc. has a 1 year low of $0.89 and a 1 year high of $29.80. The company’s 50-day moving average is $4.37. The company has a market cap of $8.29 million, a PE ratio of -0.31 and a beta of 1.60.

Eastside Distilling Company Profile

Eastside Distilling, Inc manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning and Bottling. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand.