ARC Group Inc (NASDAQ:ARCK) Insider Seenu G. Kasturi Buys 235,295 Shares

ARC Group Inc (NASDAQ:ARCK) insider Seenu G. Kasturi acquired 235,295 shares of the business’s stock in a transaction that occurred on Friday, July 21st. The stock was purchased at an average price of $117,500.00 per share, for a total transaction of $27,647,162,500.00. Following the completion of the transaction, the insider now owns 680,152 shares in the company, valued at $79,917,860,000. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of ARC Group Inc (ARCK) opened at 0.95 on Friday. ARC Group Inc has a 12 month low of $0.55 and a 12 month high of $2.29. The company’s market capitalization is $6.55 million. The company has a 50-day moving average of $0.88 and a 200 day moving average of $1.09.

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ARC Group Company Profile

ARC Group, Inc is an operator and franchisor of the Dick’s Wings brand of restaurants. The Company’s Dick’s Wings concept includes traditional Dick’s Wings & Grill restaurants, which are full service restaurants, and non-traditional units. It has approximately 20 franchised restaurants and over two concession stands located in the States of Florida and Georgia.

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