Francis Nelson Shen Buys 1,925,000 Shares of MediaValet Inc. (CVE:MVP) Stock

MediaValet Inc. (CVE:MVPGet Rating) Director Francis Nelson Shen bought 1,925,000 shares of the stock in a transaction that occurred on Thursday, May 12th. The stock was bought at an average price of C$1.20 per share, with a total value of C$2,310,000.00. Following the completion of the acquisition, the director now owns 1,925,000 shares of the company’s stock, valued at approximately C$2,310,000.

MVP traded up C$0.07 during trading on Friday, hitting C$2.50. The company had a trading volume of 29,210 shares, compared to its average volume of 47,658. The company has a market cap of C$95.48 million and a PE ratio of -19.23. The business has a 50-day moving average of C$2.50 and a 200-day moving average of C$2.50. The company has a debt-to-equity ratio of 22.52, a current ratio of 2.25 and a quick ratio of 2.13. MediaValet Inc. has a 1-year low of C$1.26 and a 1-year high of C$3.24.

Several equities research analysts have issued reports on the stock. Eight Capital decreased their price objective on shares of MediaValet from C$3.50 to C$2.50 in a research note on Friday, March 11th. Cormark decreased their price objective on shares of MediaValet from C$2.75 to C$2.10 in a research note on Friday, March 11th.

MediaValet Company Profile (Get Rating)

MediaValet Inc develops and delivers enterprise cloud software to manage the digital media assets worldwide. It offers Enterprise Digital Asset Management (DAM) platform that helps to create, find, work with, manage, and share digital assets; CreativeSPACES, a hybrid cloud/on premise tool for collaborating between team members, the core DAM, and other media creation software; and other modules modules for advanced artificial intelligence, audio/video intelligence, mobile support, content publishing, and open application programming interface developer tools.

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