Insider Buying: Methes Energies International CEO Buys 3,300 Shares of Stock (MEIL)
Methes Energies International (NASDAQ:MEIL) CEO Michel G. Laporte purchased 3,300 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The shares were purchased at an average price of $1.75 per share, for a total transaction of $5,775.00. Following the completion of the purchase, the chief executive officer now directly owns 769,054 shares of the company’s stock, valued at approximately $1,345,845. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Methes Energies International (NASDAQ:MEIL) traded down 4.40% on Tuesday, hitting $1.74. The stock had a trading volume of 34,964 shares. Methes Energies International has a one year low of $1.65 and a one year high of $5.50. The stock has a 50-day moving average of $1.81 and a 200-day moving average of $2.43. The company’s market cap is $19.9 million.
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