Insider Buying: OmniTek Engineering Corp(NDA) Director Buys 1,000 Shares of Stock (OMTK)
OmniTek Engineering Corp(NDA) (NASDAQ:OMTK) Director Gary S. Maier acquired 1,000 shares of OmniTek Engineering Corp(NDA) stock in a transaction dated Tuesday, August 19th. The shares were purchased at an average cost of $2.60 per share, for a total transaction of $2,600.00. Following the acquisition, the director now directly owns 10,000 shares in the company, valued at approximately $26,000. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
OmniTek Engineering Cor (NASDAQ:OMTK) opened at 2.55 on Friday. OmniTek Engineering Cor has a 52 week low of $1.97 and a 52 week high of $3.00. The stock has a 50-day moving average of $2.68 and a 200-day moving average of $2.47. The company’s market cap is $50.4 million.
OmniTek Engineering Corp(NDA) (NASDAQ:OMTK) last posted its earnings data on Thursday, August 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, meeting the 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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