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Unity Bancorp, Inc. (UNTY) COO Sells $49,220.00 in

Unity Bancorp, Inc. (NASDAQ:UNTY) COO John J. Kauchak sold 2,300 shares of the business’s that occurred on Tuesday, April 30th. The stock was sold at an average price of $21.40, for a total transaction of $49,220.00. Following the completion of the sale, the chief operating officer now owns 55,090 shares in the company, valued at $1,178,926. The transaction was disclosed in a legal filing with the SEC, which is available through this link .

Shares of NASDAQ UNTY traded up $0.01 during midday trading on Tuesday, reaching $21.40. The company’s stock had a trading volume of 200 shares, compared to its average volume of 12,879. Unity Bancorp, Inc. has a one year low of $16.74 and a one year high of $25.50. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.18 and a quick ratio of 1.18. The company has a market capitalization of $231.10 million, a P/E ratio of 10.14 and a beta of 0.50.