Insider Buying: Gary S. Maier Buys 1,000 Shares of OmniTek Engineering Corp(NDA) Stock (OMTK)
OmniTek Engineering Corp(NDA) (NASDAQ:OMTK) Director Gary S. Maier bought 1,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 19th. The stock was purchased at an average cost of $2.60 per share, for a total transaction of $2,600.00. Following the completion of the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $26,000. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of OmniTek Engineering Cor (NASDAQ:OMTK) remained flat at $2.55 during during mid-day trading trading on Thursday. OmniTek Engineering Cor has a 52-week low of $1.97 and a 52-week high of $3.00. The stock’s 50-day moving average is $2.69 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) EPS for the quarter, meeting the Thomson Reuters 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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