Insider Buying: Galenfeha Inc (OTCBB:GLFH) CEO Acquires 2,035,000 Shares of Stock
Galenfeha Inc (OTCBB:GLFH) CEO James Ketner purchased 2,035,000 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The shares were purchased at an average cost of $0.03 per share, with a total value of $61,050.00. Following the completion of the acquisition, the chief executive officer now directly owns 35,000 shares of the company’s stock, valued at $1,050. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Galenfeha Inc (OTCBB GLFH) traded down 22.049% on Tuesday, reaching $0.035. 20,000 shares of the company’s stock traded hands. The firm’s market capitalization is $2.14 million. The company has a 50 day moving average price of $0.27 and a 200 day moving average price of $0.50. Galenfeha Inc has a 52 week low of $0.01 and a 52 week high of $0.13.
Galenfeha, Inc is an engineering, product development and manufacturing company. The Company provides solutions for oil and natural gas production, as well as stored energy products across multiple industries. The Company provides these products and services through its Stored Energy and Oil and Gas division.
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