CounterPath Corporation (NASDAQ:CPAH) (TSE:CCV) CEO Donovan Jones bought 11,368 shares of the stock in a transaction dated Thursday, July 20th. The shares were acquired at an average price of $2.20 per share, with a total value of $25,009.60. Following the completion of the acquisition, the chief executive officer now directly owns 71,935 shares of the company’s stock, valued at approximately $158,257. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of CounterPath Corporation (NASDAQ:CPAH) remained flat at $2.80 during midday trading on Friday. 1,459 shares of the company traded hands. The firm’s market capitalization is $13.85 million. The company has a 50 day moving average of $2.30 and a 200-day moving average of $2.28. CounterPath Corporation has a 12 month low of $1.75 and a 12 month high of $2.99.
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Several research firms have recently issued reports on CPAH. ValuEngine upgraded shares of CounterPath Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Zacks Investment Research lowered shares of CounterPath Corporation from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 18th.
About CounterPath Corporation
CounterPath Corporation designs, develops and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications (UC) services, including voice, video, messaging and collaboration functionality, over their Internet Protocol (IP)-based networks.
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