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OmniTek Engineering Corp(NDA) (NASDAQ:OMTK) Director Gary S. Maier purchased 1,000 shares of OmniTek Engineering Corp(NDA) stock on the open market in a transaction dated 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 transaction was disclosed in a filing with the SEC, which is available at this link.

Shares of OmniTek Engineering Cor (NASDAQ:OMTK) remained flat at $2.55 during trading on Wednesday. 1,900 shares of the company’s stock traded hands. OmniTek Engineering Cor has a one year low of $1.97 and a one 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 posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.02). On average, analysts predict that OmniTek Engineering Cor will post $-0.08 earnings per share for the current fiscal year.

Omnitek Engineering Corp (NASDAQ:OMTK) is engaged in the alternative fuels engines industry.

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