Insider Selling: Sono-Tek Co. (SOTK) CEO Sells $16,705.00 in Stock

Sono-Tek Co. (OTCMKTS:SOTK) CEO Christopher L. Coccio sold 6,425 shares of the stock in a transaction dated Wednesday, August 8th. The shares were sold at an average price of $2.60, for a total value of $16,705.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Sono-Tek traded up $0.14, reaching $2.61, on Friday, according to MarketBeat.com. The company’s stock had a trading volume of 6,250 shares, compared to its average volume of 14,770. The company has a market capitalization of $37.15 million, a P/E ratio of 123.50 and a beta of 0.17. Sono-Tek Co. has a 1 year low of $1.07 and a 1 year high of $2.70. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.75 and a current ratio of 4.51.

Sono-Tek (OTCMKTS:SOTK) last issued its quarterly earnings results on Monday, July 16th. The industrial products company reported $0.00 EPS for the quarter. The firm had revenue of $2.70 million during the quarter. Sono-Tek had a return on equity of 4.49% and a net margin of 3.32%.

About Sono-Tek

Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company also designs and manufactures custom-engineered ultrasonic coating systems; and provides patented nozzles and generators for manufacturers' equipment.

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