Nicholas Reyland Liuzza, Jr. Purchases 18,000 Shares of Eastside Distilling, Inc. (NASDAQ:BLNE) Stock

Eastside Distilling, Inc. (NASDAQ:BLNE) CEO Nicholas Reyland Liuzza, Jr. bought 18,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 16th. The stock was purchased at an average price of $1.16 per share, with a total value of $20,880.00. Following the transaction, the chief executive officer now directly owns 223,716 shares in the company, valued at $259,510.56. The trade was a 8.75 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Eastside Distilling Trading Down 3.8 %

Shares of BLNE opened at $1.15 on Friday. Eastside Distilling, Inc. has a fifty-two week low of $0.89 and a fifty-two week high of $29.80. The business has a 50 day simple moving average of $4.25. The company has a market cap of $8.29 million, a price-to-earnings ratio of -0.31 and a beta of 1.60.

About Eastside Distilling

Eastside Distilling, Inc manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning and Bottling. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand.