Insider Buying: OmniTek Engineering Corp(NDA) Director Purchases 1,000 Shares of Stock (OMTK)
OmniTek Engineering Corp(NDA) (NASDAQ:OMTK) Director Gary S. Maier purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were purchased at an average cost of $2.60 per share, with a total value of $2,600.00. Following the completion of the purchase, the director now directly owns 10,000 shares in the company, valued at approximately $26,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
OmniTek Engineering Cor (NASDAQ:OMTK) remained flat at $2.55 during trading on Wednesday. The stock had a trading volume of 1,900 shares. OmniTek Engineering Cor has a 1-year low of $1.97 and a 1-year high of $3.00. The stock’s 50-day moving average is $2.70 and its 200-day moving average is $2.47. The company’s market cap is $50.4 million.
OmniTek Engineering Corp(NDA) (NASDAQ:OMTK) last released its earnings data on Thursday, August 14th. The company reported ($0.02) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.02). Analysts expect that OmniTek Engineering Cor will post $-0.08 EPS for the current fiscal year.
Omnitek Engineering Corp (NASDAQ:OMTK) is engaged in the alternative fuels engines industry.
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