Thomas J. Shaw, President and CEO of Retractable Technologies Inc. (NYSE:RVP), recently acquired 2,518 shares of common stock, valued at approximately $1,550. The purchase comes as the stock has experienced significant volatility, with shares down over 45% in the past six months according to InvestingPro data. The shares were purchased at an average price of $0.6156 each. Following this transaction, Shaw holds a total of 14,923,280 shares directly. Additionally, he indirectly owns 831,600 shares, with investment power over 500,000 shares as a trustee for a family member and voting control over the remainder through a voting agreement. The transactions were conducted under a pre-established Rule 10b5-1 trading plan, adopted on August 22, 2024. While the company maintains strong liquidity with a current ratio of 8.57 and operates with minimal debt, InvestingPro analysis reveals several additional key metrics and insights available to subscribers.
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