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Methes Energies International (NASDAQ:MEIL) CEO Michel G. Laporte bought 2,500 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 12th. The stock was purchased at an average price of $1.77 per share, with a total value of $4,425.00. Following the acquisition, the chief executive officer now directly owns 765,754 shares of the company’s stock, valued at approximately $1,355,385. The purchase was disclosed in a filing with the SEC, which is available at this link.

Methes Energies International (NASDAQ:MEIL) traded down 2.21% on Tuesday, hitting $1.77. 43,812 shares of the company’s stock traded hands. Methes Energies International has a 1-year low of $1.63 and a 1-year 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 $20.2 million.

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