Petrogress Inc (OTCMKTS:PGAS) CEO Christos P. Traios acquired 23,828,640 shares of the stock in a transaction on Friday, February 23rd. The shares were purchased at an average price of $0.02 per share, with a total value of $476,572.80. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Petrogress Inc (OTCMKTS PGAS) remained flat at $$0.02 during midday trading on Monday. The company’s stock had a trading volume of 90,066 shares, compared to its average volume of 196,188. The stock has a market cap of $4.27, a P/E ratio of 2.40 and a beta of -2.68. Petrogress Inc has a 12 month low of $0.02 and a 12 month high of $0.07.
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Petrogress, Inc, formerly 800 Commerce, Inc, is a holding company. The Company, along with its subsidiaries, is engaged in international trading and shipping business. The Company is engaged in exploring the potential for acquiring or purchasing or leasing newly built liquefied natural gas (LNG) vessels in the United States to be used for the supply and sea freight of the United States LNG exports.
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