Jerrick Media Holdings Inc (JMDA) Major Shareholder Arthur Rosen Buys 352,700 Shares

Jerrick Media Holdings Inc (OTCMKTS:JMDA) major shareholder Arthur Rosen bought 352,700 shares of the business’s stock in a transaction on Tuesday, September 4th. The stock was bought at an average price of $0.18 per share, with a total value of $63,486.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Arthur Rosen also recently made the following trade(s):

  • On Monday, July 9th, Arthur Rosen bought 125,306 shares of Jerrick Media stock. The stock was bought at an average price of $0.22 per share, with a total value of $27,567.32.
  • On Wednesday, June 20th, Arthur Rosen bought 202,325 shares of Jerrick Media stock. The stock was bought at an average price of $0.26 per share, with a total value of $52,604.50.

Shares of Jerrick Media stock traded down $0.03 during midday trading on Friday, reaching $0.15. 100 shares of the company’s stock traded hands, compared to its average volume of 48,389. The company has a debt-to-equity ratio of -0.58, a quick ratio of 0.01 and a current ratio of 0.01. Jerrick Media Holdings Inc has a 52 week low of $0.10 and a 52 week high of $0.38.

Jerrick Media (OTCMKTS:JMDA) last released its quarterly earnings results on Monday, June 18th. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $0.02 million for the quarter.

About Jerrick Media

Jerrick is a holding company that develops technology-based solutions designed to solve for challenges that have resulted from disruption and evolution within the broad media and content generation environment. Its flagship product Vocal is a long-form, digital publishing platform focused on supporting content creators with content management tools that are embedded within digital communities.

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