EuroSite Power Inc (EUSP) Major Shareholder American Dg Energy Inc Sells 15,200,000 Shares of Stock
EuroSite Power Inc (OTCMKTS:EUSP) major shareholder American Dg Energy Inc sold 15,200,000 shares of EuroSite Power stock in a transaction on Friday, September 30th. The stock was sold at an average price of $0.40, for a total transaction of $6,080,000.00. Following the completion of the transaction, the insider now owns 1,668,060 shares in the company, valued at approximately $667,224. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
EuroSite Power Inc (OTCMKTS:EUSP) opened at 0.55 on Thursday. The company’s market cap is $45.25 million. EuroSite Power Inc has a one year low of $0.43 and a one year high of $1.45. The company has a 50-day moving average of $0.63 and a 200 day moving average of $0.78.
About EuroSite Power
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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