Perfect Moment Ltd. (NASDAQ:PMNT) Director Purchases $15,150.00 in Stock

Perfect Moment Ltd. (NASDAQ:PMNT) Director Max Gottschalk bought 15,000 shares of the stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $1.01 per share, with a total value of $15,150.00. Following the acquisition, the director now owns 281,253 shares in the company, valued at approximately $284,065.53. This represents a 5.63 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Max Gottschalk also recently made the following trade(s):

• On Friday, February 21st, Max Gottschalk bought 13,000 shares of Perfect Moment stock. The stock was bought at an average price of $1.03 per share, with a total value of $13,390.00.

Perfect Moment Trading Down 2.0 %

Shares of Perfect Moment stock opened at $1.00 on Wednesday. The company has a fifty day simple moving average of $0.97 and a 200-day simple moving average of $1.01. Perfect Moment Ltd. has a 12-month low of $0.66 and a 12-month high of $5.04. The stock has a market cap of $16.90 million and a price-to-earnings ratio of -0.77.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Perfect Moment stock. Magnus Financial Group LLC purchased a new position in shares of Perfect Moment Ltd. (NASDAQ:PMNT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 27,425 shares of the company’s stock, valued at approximately $27,000. Magnus Financial Group LLC owned 0.17% of Perfect Moment at the end of the most recent reporting period. Institutional investors and hedge funds own 23.00% of the company’s stock.

About Perfect Moment

Perfect Moment Ltd., together with its subsidiaries, owns and operates a fashion brand that offers ski, surf, and activewear collections under the brand name of Perfect Moment. It offers skiwear, outerwear, swimwear and activewear for women, men, and children. The company sells its collections directly to customers through e-commerce and to wholesale accounts, as well as through other sales partnerships.