Insider Buying: Equal Energy CEO Buys 1,629 Shares of Stock (EQU)
Equal Energy (NYSE:EQU) CEO Donald Charles Klapko purchased 1,629 shares of Equal Energy stock in a transaction dated Thursday, June 5th. The stock was purchased at an average price of $5.73 per share, for a total transaction of $9,334.17. Following the transaction, the chief executive officer now directly owns 655,287 shares of the company’s stock, valued at approximately $3,754,795. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at TheStreet upgraded shares of Equal Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, March 19th.
Equal Energy (NYSE:EQU) opened at 5.35 on Friday. Equal Energy has a 52 week low of $3.54 and a 52 week high of $5.72. The stock’s 50-day moving average is $5.06 and its 200-day moving average is $5.11. The company has a market cap of $193.1 million and a price-to-earnings ratio of 15.60.
Equal Energy Ltd. (NYSE:EQU) is an exploration and production company with oil and gas properties located principally in Alberta, and Oklahoma.
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