Insider Buying: Foresight Energy SVP Purchases 1,000 Shares of Stock (FELP)
Foresight Energy (NASDAQ:FELP) SVP Christopher N. Moravec bought 1,000 shares of the company’s stock on the open market in a transaction dated Wednesday, June 18th. The stock was purchased at an average cost of $20.00 per share, with a total value of $20,000.00. Following the completion of the purchase, the senior vice president now directly owns 1,000 shares of the company’s stock, valued at approximately $20,000. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Foresight Energy (NASDAQ:FELP) traded down 1.38% on Monday, hitting $19.30. The stock had a trading volume of 111,723 shares. Foresight Energy has a 1-year low of $18.75 and a 1-year high of $20.20. The stock’s 50-day moving average is $19. and its 200-day moving average is $19.. The company has a market cap of $2.499 billion and a price-to-earnings ratio of 241.60.
Foresight Energy LP is an underground coal producer in the United States. The Company operates four underground mining complexes, all in the Illinois Basin region of the United States.
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