SG Blocks Inc (OTCMKTS:SGBX) major shareholder Titan Advisors, Llc sold 336,000 shares of SG Blocks stock in a transaction that occurred on Tuesday, January 9th. The stock was sold at an average price of $4.64, for a total transaction of $1,559,040.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
SG Blocks Inc (OTCMKTS SGBX) traded up $0.01 during mid-day trading on Thursday, reaching $5.51. 2,448 shares of the company’s stock were exchanged, compared to its average volume of 1,300. The company has a market cap of $0.33, a price-to-earnings ratio of 551.00 and a beta of -5.99.
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SG Blocks, Inc, through SG Building Blocks, Inc (SG Building), provides code engineered cargo shipping containers. SG Building modifies and delivers containers. SG Building enables developers, architects, builders and owners to achieve greener construction. In addition to providing code engineered cargo shipping containers for construction use, SG Building is engaged in structural steel framing systems.
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