Insider Selling: Avalon Globocare C Com (AVCO) Director Sells 5,000,000 Shares of Stock

Avalon Globocare C Com (NASDAQ:AVCO) Director Wenzhao Lu sold 5,000,000 shares of the firm’s stock in a transaction dated Thursday, April 20th. The stock was sold at an average price of $0.50, for a total transaction of $2,500,000.00. Following the completion of the sale, the director now owns 25,900,000 shares of the company’s stock, valued at approximately $12,950,000. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Avalon Globocare C Com (NASDAQ:AVCO) remained flat at $0.75 during midday trading on Thursday. The stock has a market cap of $48.47 million and a PE ratio of 750.00. Avalon Globocare C Com has a 12 month low of $0.65 and a 12 month high of $5.00.

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