Insider Buying: Janone Inc. (NASDAQ:ALTS) CEO Purchases 5,000 Shares of Stock

Janone Inc. (NASDAQ:ALTS) CEO Peter Tassiopoulos bought 5,000 shares of the stock in a transaction on Monday, September 9th. The stock was purchased at an average price of $2.06 per share, with a total value of $10,300.00. Following the completion of the acquisition, the chief executive officer now directly owns 420,000 shares in the company, valued at approximately $865,200. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Janone Stock Down 2.2 %

NASDAQ:ALTS opened at $2.27 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 0.69. Janone Inc. has a 1-year low of $0.22 and a 1-year high of $5.26. The business has a 50-day simple moving average of $2.06.

Janone Company Profile

JanOne Inc, a clinical-stage biopharmaceutical company, focuses on identifying, acquiring, licensing, developing, partnering, and commercializing novel, non-opioid, and non-addictive therapies to address the unmet medical need for the treatment of pain and addiction. It operates through three segments: Biotechnology, Recycling, and Technology.