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Propell Technologies Group (NASDAQ:PROP) Director John A. Zotos bought 60,000 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were purchased at an average cost of $0.23 per share, for a total transaction of $13,800.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Propell Technologies Group (NASDAQ:PROP) opened at 0.22 on Wednesday. Propell Technologies Group has a one year low of $0.14 and a one year high of $0.57. The stock has a 50-day moving average of $0.23 and a 200-day moving average of $0.2. The company’s market cap is $53.0 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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