Insider Buying: Frank Bakker Buys 1,000 Shares of OCI Partners LP Stock (OCIP)
OCI Partners LP (NASDAQ:OCIP) Insider Frank Bakker bought 1,000 shares of the stock on the open market in a transaction dated Wednesday, October 9th. The stock was purchased at an average price of $18.00 per share, for a total transaction of $18,000.00. Following the transaction, the insider now directly owns 1,000 shares of the company’s stock, valued at approximately $18,000. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
OCI Partners LP (NASDAQ:OCIP) traded up 5.24% during mid-day trading on Thursday, hitting $19.48. 419,704 shares of the company’s stock traded hands. OCI Partners LP has a one year low of $18.02 and a one year high of $20.01. The stock’s 50-day moving average is $18.74 and its 200-day moving average is $18.74.
OCI Partners LP owns and operates an integrated methanol and ammonia production facility that is strategically located on the Texas Gulf Coast near Beaumont.
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