Kevin Small Purchases 5,674,622 Shares of Otto Energy Limited (OEL) Stock
Otto Energy Limited (ASX:OEL) insider Kevin Small purchased 5,674,622 shares of the business’s stock in a transaction dated Monday, April 8th. The shares were acquired at an average cost of A$0.06 ($0.04) per share, for a total transaction of A$312,104.21 ($221,350.50).
Kevin Small also recently made the following trade(s):
- On Wednesday, February 20th, Kevin Small purchased 926,043 shares of Otto Energy stock. The shares were acquired at an average cost of A$0.06 ($0.05) per share, for a total transaction of A$59,266.75 ($42,033.16).
Shares of OEL remained flat at $A$0.06 ($0.04) during mid-day trading on Wednesday. The stock had a trading volume of 825,354 shares, compared to its average volume of 2,630,000. The company has a market capitalization of $103.14 million and a PE ratio of -55.00. The company has a debt-to-equity ratio of 25.85, a quick ratio of 1.24 and a current ratio of 1.35. Otto Energy Limited has a 52 week low of A$0.03 ($0.02) and a 52 week high of A$0.08 ($0.06).
About Otto Energy
Otto Energy Limited, an oil and gas exploration and production company, explores for, develops, and produces oil and gas primarily in North America. The company's principal projects include its 50% interest in the South Marsh Island 71 project, which covers an area of 12.16 square kilometers; 45% interest in the Bivouac Peak project covering an area of approximately 11.04 square kilometers; and 50 % interest in the VR 232 project covering an area of 18.31 square kilometers.
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