Insider Buying: Harry Hammond Graves Purchases 1,800 Shares of USA Synthetic Fuel Corp. Stock (USFC)
USA Synthetic Fuel Corp. (NASDAQ:USFC) major shareholder Harry Hammond Graves bought 1,800 shares of USA Synthetic Fuel Corp. stock in a transaction dated Tuesday, June 3rd. The shares were purchased at an average cost of $0.89 per share, for a total transaction of $1,602.00. Following the completion of the acquisition, the insider now directly owns 28,278,276 shares in the company, valued at approximately $25,167,666. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
USA Synthetic Fuel Corp. (NASDAQ:USFC) opened at 0.55 on Tuesday. USA Synthetic Fuel Corp. has a one year low of $0.38 and a one year high of $5.00. The stock’s 50-day moving average is $0.93 and its 200-day moving average is $1.31. The company’s market cap is $44.6 million.
USA Synthetic Fuel Corporation (NASDAQ:USFC) is a development-stage company.
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