Hulk Hogan, wrestling icon, dies at 71 in Florida home
Adam W. Kashenberg, a director at Lifeloc Technologies, Inc. (OTC:LCTC), recently acquired shares in the company, according to a recent SEC filing. On February 28, Kashenberg purchased 1,000 shares of common stock at a price of $3.80 per share, totaling $3,800. The purchase price represents a premium to the current trading price of $3.42, though InvestingPro analysis indicates the stock is trading near its Fair Value. This transaction leaves him with a direct ownership of 1,000 shares post-purchase. The acquisition comes as the company maintains strong liquidity with a current ratio of 6.08, though InvestingPro data shows the company is currently unprofitable and burning through cash. The stock has gained 24% year-to-date despite these challenges. The acquisition reflects Kashenberg’s continued investment in the company, which specializes in laboratory analytical instruments.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.