Reliance Global Group, Inc. (NASDAQ:RELI) CFO Sells $14,526.11 in Stock

Reliance Global Group, Inc. (NASDAQ:RELI) CFO Joel Markovits sold 10,603 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $1.37, for a total value of $14,526.11. Following the completion of the transaction, the chief financial officer now directly owns 197 shares in the company, valued at $269.89. The trade was a 98.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Reliance Global Group Stock Down 5.9 %

Shares of RELI stock traded down $0.11 during trading on Tuesday, reaching $1.74. The company had a trading volume of 59,686 shares, compared to its average volume of 189,980. The firm’s 50 day simple moving average is $2.05 and its two-hundred day simple moving average is $2.27. Reliance Global Group, Inc. has a one year low of $1.18 and a one year high of $18.53.

Reliance Global Group Company Profile

Reliance Global Group, Inc focuses in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides agency services for insurance products in the healthcare and Medicare, personal and commercial, trucking, property and casualty, and insurance brokerage. The company was formerly known as Ethos Media Network, Inc and changed its name to Reliance Global Group, Inc in October 2018.