Crumbs Bake Shop (NASDAQ:CRMB) major shareholder Austin & Greenhouse Da Marxe unloaded 57,302 shares of the company’s stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $1.18, for a total value of $67,616.36. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of Crumbs Bake Shop (NASDAQ:CRMB) traded down 5.98% during mid-day trading on Thursday, hitting $1.10. The stock had a trading volume of 65,749 shares. Crumbs Bake Shop has a 1-year low of $0.79 and a 1-year high of $3.49. The stock has a 50-day moving average of $1.09 and a 200-day moving average of $1.62. The company’s market cap is $12.8 million.
Crumbs Bake Shop, Inc, formerly 57th Street General Acquisition Corp., is owner of Crumbs Holdings LLC (NASDAQ:CRMB), a neighborhood bakery and a retailer of cupcakes.
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