Insider Buying: EuroSite Power Inc (EUSP) CEO Buys 2,500,000 Shares of Stock
EuroSite Power Inc (OTCMKTS:EUSP) CEO Elias Samaras purchased 2,500,000 shares of the company’s stock in a transaction dated Friday, September 30th. The shares were purchased at an average cost of $0.40 per share, for a total transaction of $1,000,000.00. Following the transaction, the chief executive officer now directly owns 12,023,312 shares in the company, valued at $4,809,324.80. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of EuroSite Power Inc (OTCMKTS:EUSP) traded up 0.000% during mid-day trading on Tuesday, reaching $0.513. The firm’s market capitalization is $42.20 million. The firm has a 50-day moving average of $0.64 and a 200-day moving average of $0.78. EuroSite Power Inc has a 52-week low of $0.43 and a 52-week high of $1.45.
EuroSite Power Company Profile
EuroSite Power Inc distributes, owns and operates clean, onsite energy systems that produce electricity, hot water, heat and cooling in the United Kingdom and Europe. The Company provides a range of power purchase style thermal and power generation solutions to its customers. Its solutions include equipment installation, as well as operation and ongoing maintenance.
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