Insider Buying: Radient Technologies Inc. (CVE:RTI) Senior Officer Purchases 3,548,321 Shares of Stock

Radient Technologies Inc. (CVE:RTI) Senior Officer Prakash Hariharan bought 3,548,321 shares of the firm’s stock in a transaction on Tuesday, January 11th. The stock was purchased at an average price of C$0.06 per share, with a total value of C$212,899.26. Following the completion of the acquisition, the insider now owns 5,620,392 shares of the company’s stock, valued at C$337,223.52.

RTI stock opened at C$0.05 on Friday. The company has a debt-to-equity ratio of 158.79, a quick ratio of 0.04 and a current ratio of 0.10. The stock has a market cap of C$19.59 million and a P/E ratio of -0.47. The firm has a 50 day simple moving average of C$0.05 and a 200 day simple moving average of C$0.06. Radient Technologies Inc. has a 52 week low of C$0.04 and a 52 week high of C$0.18.

About Radient Technologies

Radient Technologies Inc processes, sells, and distributes cannabis materials in Canada. It offers cannabis oil, standardized cannabinoid ingredients, cannabis extracts, and cannabis formulations. The company also provides extraction services for the extraction, purification and isolation of cannabinoids for third parties.

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