CONX Corp. (NASDAQ:CONX – Get Free Report)’s stock price traded down 0.2% on Monday . The company traded as low as $5.00 and last traded at $5.00. 200 shares were traded during trading, a decline of 96% from the average session volume of 4,551 shares. The stock had previously closed at $5.01.
CONX Trading Down 0.2 %
The stock’s 50-day simple moving average is $6.58 and its two-hundred day simple moving average is $9.21.
Insiders Place Their Bets
In other CONX news, major shareholder Moore Capital Management, Lp sold 1,500,000 shares of the company’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $10.60, for a total transaction of $15,900,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 87.44% of the stock is currently owned by company insiders.
CONX Company Profile
CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry.
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