EuroSite Power Inc (OTCMKTS:EUSP) major shareholder American Dg Energy Inc sold 15,200,000 shares of the company’s stock in a transaction on Friday, September 30th. The shares were 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 of the company’s stock, valued at approximately $667,224. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.
Shares of EuroSite Power Inc (OTCMKTS:EUSP) opened at 0.55 on Friday. The firm’s market cap is $45.25 million. The stock’s 50 day moving average is $0.62 and its 200 day moving average is $0.78. EuroSite Power Inc has a 52 week low of $0.43 and a 52 week high of $1.45.