Perfect Moment Ltd. (NASDAQ:PMNT) Director Buys $13,390.00 in Stock

Perfect Moment Ltd. (NASDAQ:PMNT) Director Max Gottschalk bought 13,000 shares of the company’s stock in a transaction on Friday, February 21st. The shares were bought at an average cost of $1.03 per share, for a total transaction of $13,390.00. Following the transaction, the director now owns 266,253 shares in the company, valued at $274,240.59. The trade was a 5.13 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link.

Max Gottschalk also recently made the following trade(s):

• On Monday, February 24th, Max Gottschalk bought 15,000 shares of Perfect Moment stock. The shares were bought at an average cost of $1.01 per share, for a total transaction of $15,150.00.

Perfect Moment Trading Down 4.9 %

NASDAQ:PMNT opened at $0.98 on Friday. The company has a market cap of $16.56 million and a PE ratio of -0.75. Perfect Moment Ltd. has a twelve month low of $0.66 and a twelve month high of $5.02. The company’s 50 day moving average is $0.97 and its two-hundred day moving average is $1.01.

Institutional Trading of Perfect Moment

A hedge fund recently bought a new stake in Perfect Moment stock. Magnus Financial Group LLC acquired a new stake in Perfect Moment Ltd. (NASDAQ:PMNT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 27,425 shares of the company’s stock, valued at approximately $27,000. Magnus Financial Group LLC owned about 0.17% of Perfect Moment at the end of the most recent reporting period. Hedge funds and other institutional investors own 23.00% of the company’s stock.

About Perfect Moment

Perfect Moment Ltd., together with its subsidiaries, owns and operates a fashion brand that offers ski, surf, and activewear collections under the brand name of Perfect Moment. It offers skiwear, outerwear, swimwear and activewear for women, men, and children. The company sells its collections directly to customers through e-commerce and to wholesale accounts, as well as through other sales partnerships.