Sam L. Banks Buys 300,000 Shares of Yuma Energy, Inc. (YUMA) Stock
Yuma Energy, Inc. (NYSEMKT:YUMA) CEO Sam L. Banks purchased 300,000 shares of the stock in a transaction dated Tuesday, October 3rd. The shares were purchased at an average cost of $1.00 per share, for a total transaction of $300,000.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.
Yuma Energy, Inc. (YUMA) opened at 0.94 on Friday. The firm has a 50-day moving average of $1.22 and a 200-day moving average of $1.70. Yuma Energy, Inc. has a 52-week low of $0.77 and a 52-week high of $5.36. The firm’s market cap is $11.81 million.
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Separately, ValuEngine cut shares of Yuma Energy from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st.
About Yuma Energy
Yuma Energy, Inc focuses on the acquisition, development, and exploration for conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. It has onshore assets comprising the Austin Chalk, Tuscaloosa, Wilcox, Frio, Marg Tex, and Hackberry formations located in central and southern Louisiana; and operated and non-operated assets in south Louisiana, including Cameron, Jefferson Davis, LaFourche, Livingston, St.
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