Insider Buying: Methes Energies International CEO Purchases 2,500 Shares of Stock (MEIL)
Methes Energies International (NASDAQ:MEIL) CEO Michel G. Laporte acquired 2,500 shares of the 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 completion of the transaction, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link.
Methes Energies International (NASDAQ:MEIL) opened at 1.77 on Thursday. Methes Energies International has a 1-year low of $1.64 and a 1-year high of $5.50. The stock’s 50-day moving average is $1.83 and its 200-day moving average is $2.54. The company’s market cap is $20.2 million.
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