Medalist Diversified REIT, Inc. (NASDAQ:MDRR) major shareholder Ault Global Holdings, Inc. sold 1,480,000 shares of the business’s stock in a transaction that occurred on Thursday, June 10th. The stock was sold at an average price of $1.84, for a total transaction of $2,723,200.00. The transaction was disclosed in a legal filing with the SEC, 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.
Ault Global Holdings, Inc. also recently made the following trade(s):
- On Tuesday, June 1st, Ault Global Holdings, Inc. sold 100,000 shares of Medalist Diversified REIT stock. The stock was sold at an average price of $1.56, for a total transaction of $156,000.00.
- On Tuesday, May 11th, Ault Global Holdings, Inc. acquired 10,000 shares of Medalist Diversified REIT stock. The shares were acquired at an average price of $1.48 per share, with a total value of $14,800.00.
MDRR opened at $1.79 on Friday. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 4.30. Medalist Diversified REIT, Inc. has a 52-week low of $1.03 and a 52-week high of $6.13. The stock’s 50 day simple moving average is $1.48. The stock has a market capitalization of $28.73 million, a P/E ratio of -1.02 and a beta of 0.89.
Medalist Diversified REIT Company Profile
Medalist Diversified REIT Inc is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust (ÂREITÂ), and we have elected to be taxed as a REIT for federal income tax purposes.
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