Escalera Resources CEO Charles Frederick Chambers III Acquires 5,000 Shares (ESCR)
Escalera Resources (NASDAQ:ESCR) CEO Charles Frederick Chambers III purchased 5,000 shares of the stock on the open market in a transaction that occurred on Thursday, June 5th. The stock was purchased at an average price of $2.75 per share, with a total value of $13,750.00. Following the completion of the transaction, the chief executive officer now directly owns 681,077 shares of the company’s stock, valued at approximately $1,872,962. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Escalera Resources (NASDAQ:ESCR) opened at 3.02 on Wednesday. Escalera Resources has a one year low of $1.90 and a one year high of $4.25. The stock’s 50-day moving average is $2.71 and its 200-day moving average is $2.48. The company’s market cap is $42.5 million.
Escalera Resources Co, formerly Double Eagle Petroleum Co, is an independent energy company engaged in the exploration, development, production and sale of natural gas and crude oil, primarily in Rocky Mountain Basins of the western United States.
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