Geode Capital Management LLC Takes $227,000 Position in Magnegas Applied Tchnlgy Sltns Inc (MNGA)
Geode Capital Management LLC bought a new stake in shares of Magnegas Applied Tchnlgy Sltns Inc (NASDAQ:MNGA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 920,715 shares of the oil and gas company’s stock, valued at approximately $227,000. Geode Capital Management LLC owned approximately 11.87% of Magnegas Applied Tchnlgy Sltns as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Northern Trust Corp bought a new position in shares of Magnegas Applied Tchnlgy Sltns during the fourth quarter valued at approximately $51,000. Institutional investors own 11.90% of the company’s stock.
Magnegas Applied Tchnlgy Sltns Inc has a one year low of $0.82 and a one year high of $34.40. The company has a current ratio of 1.97, a quick ratio of 1.40 and a debt-to-equity ratio of 0.04.
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Taronis Technologies, Inc, an alternative energy company, creates and produces hydrogen based fuel through the gasification of liquid and liquid waste in the United States and internationally. The company offers MagneGas2, a hydrogen-based fuel for metal cutting as an alternative to acetylene. It also provides Plasma Arc Flow refineries, which are machines that produce MagneGas2.
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