American DG Energy CEO John Hatsopoulos Acquires 10,000 Shares (ADGE)
American DG Energy (NYSE:ADGE) CEO John Hatsopoulos purchased 10,000 shares of American DG Energy stock on the open market in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average cost of $1.27 per share, for a total transaction of $12,700.00. Following the completion of the acquisition, the chief executive officer now directly owns 1,476,820 shares of the company’s stock, valued at approximately $1,875,561. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of American DG Energy (NYSE:ADGE) opened at 1.23 on Friday. American DG Energy has a 1-year low of $1.18 and a 1-year high of $2.59. The stock has a 50-day moving average of $1.37 and a 200-day moving average of $1.93. The company’s market cap is $64.9 million. American DG Energy also saw a large decline in short interest in August. As of August 15th, there was short interest totalling 211,947 shares, a decline of 62.7% from the July 31st total of 568,438 shares. Approximately 1.1% of the company’s stock are sold short. Based on an average trading volume of 176,900 shares, the short-interest ratio is currently 1.2 days.
American DG Energy (NYSE:ADGE) last posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.03) EPS for the quarter.
American DG Energy Inc (NYSE:ADGE) distributes, owns and operates clean, on-site energy systems that produce electricity, hot water, heat and cooling.
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