CounterPath Corporation (CPAH) CEO Buys $25,009.60 in Stock

CounterPath Corporation (NASDAQ:CPAH) (TSE:CCV) CEO Donovan Jones acquired 11,368 shares of the firm’s stock in a transaction on Thursday, July 20th. The shares were bought at an average cost of $2.20 per share, for a total transaction of $25,009.60. Following the completion of the acquisition, the chief executive officer now directly owns 71,935 shares of the company’s stock, valued at approximately $158,257. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of CounterPath Corporation (CPAH) opened at 2.54 on Friday. CounterPath Corporation has a 12-month low of $1.75 and a 12-month high of $2.99. The firm’s market capitalization is $12.56 million. The firm’s 50-day moving average price is $2.40 and its 200-day moving average price is $2.29.

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A number of equities research analysts have weighed in on CPAH shares. Zacks Investment Research downgraded CounterPath Corporation from a “hold” rating to a “sell” rating in a report on Thursday, May 11th. ValuEngine raised CounterPath Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th.

CounterPath Corporation Company Profile

CounterPath Corporation designs, develops and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications (UC) services, including voice, video, messaging and collaboration functionality, over their Internet Protocol (IP)-based networks.

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