Sprott Focus Trust (NASDAQ:FUND)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as low as $6.56. Sprott Focus Trust shares last traded at $6.56, with a volume of 300 shares changing hands.
The company’s fifty day simple moving average is $6.73.
In related news, Portfolio Manager W Whitney George purchased 24,409 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were acquired at an average cost of $6.67 per share, for a total transaction of $162,808.03. Following the acquisition, the portfolio manager now owns 5,700,422 shares of the company’s stock, valued at approximately $38,021,814.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders bought a total of 187,513 shares of company stock worth $1,241,034 over the last quarter. Company insiders own 36.90% of the company’s stock.
About Sprott Focus Trust (NASDAQ:FUND)
There is no company description available for Sprott Focus Trust Inc.
Recommended Story: What does an outperform rating mean?
Receive News & Ratings for Sprott Focus Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Focus Trust and related companies with MarketBeat.com's FREE daily email newsletter.