Telkonet, Inc. (TKOI) Director Buys $24,000.00 in Stock

Telkonet, Inc. (OTCMKTS:TKOI) Director Peter T. Kross purchased 200,000 shares of Telkonet stock in a transaction dated Friday, December 29th. The shares were bought at an average price of $0.12 per share, with a total value of $24,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Telkonet, Inc. (OTCMKTS:TKOI) remained flat at $$0.13 during trading hours on Friday. 1,000 shares of the company’s stock traded hands, compared to its average volume of 95,555. Telkonet, Inc. has a one year low of $0.10 and a one year high of $0.20.

Telkonet (OTCMKTS:TKOI) last issued its quarterly earnings results on Tuesday, November 14th. The technology company reported ($0.01) earnings per share for the quarter. Telkonet had a net margin of 48.99% and a negative return on equity of 53.44%. The company had revenue of $2.04 million for the quarter.

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Telkonet Company Profile

Telkonet, Inc (Telkonet) provides EcoSmart Platform of intelligent automation solutions to support the Internet of Things. The Company’s business is based on two synergistic divisions: EcoSmart Energy Management Technology (EcoSmart division) and EthoStream High Speed Internet Access (HSIA) Network (EthoStream division).

Insider Buying and Selling by Quarter for Telkonet (OTCMKTS:TKOI)

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