Eastern International (NASDAQ:ELOG) CEO Albert Wong Buys 200,000 Shares

Eastern International Ltd. (NASDAQ:ELOG) CEO Albert Wong bought 200,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was bought at an average cost of $1.00 per share, for a total transaction of $200,000.00. Following the completion of the transaction, the chief executive officer directly owned 200,000 shares of the company’s stock, valued at approximately $200,000. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Eastern International Stock Performance

Eastern International stock opened at $0.53 on Friday. Eastern International Ltd. has a 1 year low of $0.45 and a 1 year high of $3.07. The firm has a 50 day moving average price of $0.77 and a 200 day moving average price of $0.90.

Eastern International (NASDAQ:ELOG) last posted its quarterly earnings results on Thursday, July 30th. The company reported ($0.08) earnings per share for the quarter. The business had revenue of $9.22 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered Eastern International from a “sell (d)” rating to a “sell (d-)” rating in a research report on Thursday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Eastern International presently has a consensus rating of “Sell”.

Eastern International Company Profile

Eastern International Ltd. is a provider of domestic and cross-border professional logistic services including project logistic and general logistic. Eastern International Ltd. is based in Hangzhou, China.