Bioamber Inc (NYSE:BIOA) Director Kenneth W. Wall acquired 40,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was bought at an average price of $0.43 per share, with a total value of $17,200.00. Following the transaction, the director now directly owns 170,443 shares in the company, valued at $73,290.49. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of Bioamber Inc (NYSE BIOA) opened at $0.42 on Wednesday. Bioamber Inc has a 1 year low of $0.32 and a 1 year high of $6.24. The company has a current ratio of 1.08, a quick ratio of 0.75 and a debt-to-equity ratio of 0.24.
Several hedge funds have recently made changes to their positions in BIOA. Robecosam AG grew its holdings in shares of Bioamber by 82.9% in the 3rd quarter. Robecosam AG now owns 1,478,000 shares of the biotechnology company’s stock valued at $741,000 after buying an additional 670,000 shares during the period. TD Asset Management Inc. acquired a new position in shares of Bioamber in the 2nd quarter valued at $977,000. Bank of New York Mellon Corp grew its holdings in shares of Bioamber by 336.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 54,106 shares of the biotechnology company’s stock valued at $139,000 after buying an additional 41,701 shares during the period. Vanguard Group Inc. grew its holdings in shares of Bioamber by 9.9% in the 2nd quarter. Vanguard Group Inc. now owns 303,360 shares of the biotechnology company’s stock valued at $780,000 after buying an additional 27,278 shares during the period. Finally, FMR LLC grew its holdings in shares of Bioamber by 1.9% in the 2nd quarter. FMR LLC now owns 1,360,000 shares of the biotechnology company’s stock valued at $3,495,000 after buying an additional 25,000 shares during the period. 29.97% of the stock is owned by institutional investors.
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Bioamber Company Profile
BioAmber Inc (BioAmber), formerly DNP Green Technology, Inc, is an industrial biotechnology company, which produces sustainable chemicals. The Company’s technology platform combines industrial biotechnology and chemical catalysis to convert renewable feedstocks into sustainable chemicals that are replacements for petroleum-derived chemicals, which are used in a range of everyday products, including plastics, food additives and personal care products.
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