United Cannabis Corp (CNAB) COO Sells $28,800.00 in Stock

United Cannabis Corp (NASDAQ:CNAB) COO Chad Ruby sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 8th. The shares were sold at an average price of $1.44, for a total transaction of $28,800.00. Following the completion of the transaction, the chief operating officer now owns 895,760 shares of the company’s stock, valued at approximately $1,289,894.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Chad Ruby also recently made the following trade(s):

  • On Tuesday, January 31st, Chad Ruby sold 20,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $1.48, for a total transaction of $29,600.00.
  • On Tuesday, January 10th, Chad Ruby sold 31,690 shares of United Cannabis Corp stock. The shares were sold at an average price of $1.40, for a total transaction of $44,366.00.
  • On Wednesday, November 23rd, Chad Ruby sold 25,000 shares of United Cannabis Corp stock. The shares were sold at an average price of $0.98, for a total transaction of $24,500.00.

Shares of United Cannabis Corp (NASDAQ:CNAB) traded up 4.73% on Tuesday, reaching $1.55. 278,373 shares of the company traded hands. The stock has a 50 day moving average of $1.48 and a 200-day moving average of $0.96. The company’s market cap is $74.14 million.

Insider Buying and Selling by Quarter for United Cannabis Corp (NASDAQ:CNAB)

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About United Cannabis Corp

United Cannabis Corporation is engaged in medical spa management business. The Company focuses on providing products, services and intellectual property to the cannabis industry. It owns intellectual property relating to the legalized growth, production, manufacture, marketing, management, utilization and distribution of medical and recreational marijuana and marijuana infused products.

5 Day Chart for NASDAQ:CNAB

This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/united-cannabis-corp-cnab-coo-sells-28800-00-in-stock/1660434.html

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