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Propell Technologies Group (NASDAQ:PROP) Director John A. Zotos purchased 50,000 shares of the company’s stock in a transaction dated Wednesday, August 20th. The shares were purchased at an average price of $0.23 per share, with a total value of $11,500.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Propell Technologies Group (NASDAQ:PROP) opened at 0.2258 on Tuesday. Propell Technologies Group has a 1-year low of $0.14 and a 1-year high of $0.57. The stock’s 50-day moving average is $0.23 and its 200-day moving average is $0.25. The company’s market cap is $54.3 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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