Joseph David Freedman Acquires 6,250 Shares of Eastside Distilling, Inc. (NASDAQ:BLNE) Stock

Eastside Distilling, Inc. (NASDAQ:BLNE) Director Joseph David Freedman purchased 6,250 shares of the stock in a transaction dated Tuesday, March 18th. The shares were purchased at an average price of $2.84 per share, with a total value of $17,750.00. Following the completion of the transaction, the director now owns 83,910 shares of the company’s stock, valued at approximately $238,304.40. This trade represents a 8.05 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Eastside Distilling Price Performance

NASDAQ BLNE opened at $2.40 on Friday. The stock has a market capitalization of $14.59 million, a price-to-earnings ratio of -0.65 and a beta of 1.64. Eastside Distilling, Inc. has a 1-year low of $2.10 and a 1-year high of $29.80.

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.