Insider Buying: Propell Technologies Group Director John A. Zotos Buys 60,000 Shares of Stock (PROP)
Propell Technologies Group (NASDAQ:PROP) Director John A. Zotos purchased 60,000 shares of Propell Technologies Group stock on the open market in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average price of $0.23 per share, for a total transaction of $13,800.00. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Shares of Propell Technologies Group (NASDAQ:PROP) traded up 3.04% on Monday, hitting $0.237. The stock had a trading volume of 8,650 shares. Propell Technologies Group has a 52-week low of $0.14 and a 52-week high of $0.57. The stock’s 50-day moving average is $0.23 and its 200-day moving average is $0.24. The company’s market cap is $57.0 million.
Propell Technologies Group, Inc offers enhanced oil recovery technology and services. These services are offered through its wholly owned subsidiary Novas Energy USA, Inc, through commercial application of a Plasma-Pulse Technology.
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