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Methes Energies International (NASDAQ:MEIL) CEO Michel G. Laporte bought 5,500 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 6th. The stock was purchased at an average price of $1.81 per share, for a total transaction of $9,955.00. Following the completion of the purchase, the chief executive officer now directly owns 759,654 shares of the company’s stock, valued at approximately $1,374,974. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Methes Energies International (NASDAQ:MEIL) opened at 1.75 on Friday. Methes Energies International has a 1-year low of $1.61 and a 1-year high of $5.50. The stock has a 50-day moving average of $1.85 and a 200-day moving average of $2.59. The company’s market cap is $20.0 million.

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