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Methes Energies International (NASDAQ:MEIL) CEO Michel G. Laporte acquired 5,500 shares of the company’s stock in a transaction dated Monday, August 4th. The shares were purchased at an average cost of $1.74 per share, with a total value of $9,570.00. Following the acquisition, the chief executive officer now directly owns 748,654 shares of the company’s stock, valued at approximately $1,302,658. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Methes Energies International (NASDAQ:MEIL) traded up 4.07% on Tuesday, hitting $1.79. The stock had a trading volume of 5,668 shares. Methes Energies International has a one year low of $1.60 and a one year high of $5.50. The stock has a 50-day moving average of $1.88 and a 200-day moving average of $2.62. The company’s market cap is $20.5 million.

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