Thomas J. Marusak Purchases 10,000 Shares of Mechanical Technology Inc. (MKTY) Stock
Mechanical Technology Inc. (OTCMKTS:MKTY) Director Thomas J. Marusak purchased 10,000 shares of the stock in a transaction on Friday, November 11th. The shares were bought at an average cost of $1.40 per share, for a total transaction of $14,000.00. Following the transaction, the director now directly owns 85,875 shares in the company, valued at $120,225. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Mechanical Technology Inc. (OTCMKTS:MKTY) opened at 1.46 on Wednesday. The company’s 50 day moving average price is $1.17 and its 200-day moving average price is $0.94. Mechanical Technology Inc. has a 12-month low of $0.35 and a 12-month high of $1.56. The firm’s market capitalization is $13.14 million.
About Mechanical Technology
Mechanical Technology, Incorporated conducts operations through its subsidiary, MTI Instruments, Inc (MTI Instruments). MTI Instruments supplies precision linear displacement solutions, vibration measurement and system balancing solutions, and wafer inspection tools. The Company’s product offerings include Accumeasure Series, Microtrak 4, Microtrak PRO-2D, MTI-2100 Fotonic Sensor Series, Accumeasure D Series, Microtrak TGS, PBS-4100+ Portable Balancing System, PBS-4100R+ Test Cell Vibration Analysis & Trim Balancing System, TSC-4800A Tachometer Signal Conditioner and 1510A Calibrator, Accumeasure Digital Series, Accumeasure Analog Series, Semtester Tensile Stages and Proforma 300i, PV 1000.
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