Insider Buying: Methes Energies International CEO Purchases 3,600 Shares of Stock (MEIL)
Methes Energies International (NASDAQ:MEIL) CEO Michel G. Laporte bought 3,600 shares of the company’s stock in a transaction that occurred on Monday, August 11th. The stock was purchased at an average cost of $1.86 per share, with a total value of $6,696.00. Following the completion of the transaction, the chief executive officer now directly owns 763,254 shares in the company, valued at approximately $1,419,652. The purchase was disclosed in a filing with the SEC, which is available at this link.
Shares of Methes Energies International (NASDAQ:MEIL) opened at 1.81 on Tuesday. Methes Energies International has a 52-week low of $1.63 and a 52-week high of $5.50. The stock’s 50-day moving average is $1.85 and its 200-day moving average is $2.55. The company’s market cap is $20.7 million.
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