Rand Logistics, Inc. (RLOG) Director Sells $38,895.09 in Stock

Rand Logistics, Inc. (NASDAQ:RLOG) Director Laurence S. Levy sold 134,121 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $0.29, for a total value of $38,895.09. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Laurence S. Levy also recently made the following trade(s):

  • On Monday, November 27th, Laurence S. Levy sold 477,723 shares of Rand Logistics stock. The shares were sold at an average price of $0.28, for a total value of $133,762.44.

Rand Logistics, Inc. (RLOG) traded down $0.02 during trading on Thursday, hitting $0.23. The stock had a trading volume of 1,854,300 shares, compared to its average volume of 1,150,786. Rand Logistics, Inc. has a 12 month low of $0.19 and a 12 month high of $1.93.

An institutional investor recently raised its position in Rand Logistics stock. Renaissance Technologies LLC lifted its holdings in shares of Rand Logistics, Inc. (NASDAQ:RLOG) by 11.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 166,700 shares of the shipping company’s stock after buying an additional 17,100 shares during the period. Renaissance Technologies LLC owned about 0.90% of Rand Logistics worth $107,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 20.43% of the company’s stock.

Separately, ValuEngine cut Rand Logistics from a “sell” rating to a “strong sell” rating in a report on Thursday, November 16th.

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Rand Logistics Company Profile

Rand Logistics, Inc is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company’s shipping business is operated in Canada by Lower Lakes Towing Ltd. (Lower Lakes Towing) and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation).

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