Wavefront Technology Solutions Inc. (CVE:WEE) Insider Acquires C$29,537.69 in Stock

Wavefront Technology Solutions Inc. (CVE:WEE) insider Douglas Burger bought 120,501 shares of the stock in a transaction dated Friday, October 8th. The shares were bought at an average cost of C$0.25 per share, with a total value of C$29,537.69. Following the completion of the acquisition, the insider now directly owns 13,006,439 shares of the company’s stock, valued at approximately C$3,188,190.35.

Douglas Burger also recently made the following trade(s):

  • On Tuesday, October 12th, Douglas Burger bought 156,068 shares of Wavefront Technology Solutions stock. The shares were bought at an average cost of C$0.28 per share, with a total value of C$43,138.44.
  • On Wednesday, October 6th, Douglas Burger bought 270,042 shares of Wavefront Technology Solutions stock. The shares were bought at an average cost of C$0.24 per share, with a total value of C$65,908.61.

Shares of WEE stock opened at C$0.41 on Thursday. Wavefront Technology Solutions Inc. has a 12-month low of C$0.03 and a 12-month high of C$0.45. The firm has a market capitalization of C$35.90 million and a price-to-earnings ratio of -31.54. The business has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.08. The company has a debt-to-equity ratio of 35.04, a current ratio of 2.58 and a quick ratio of 2.33.

About Wavefront Technology Solutions

Wavefront Technology Solutions Inc develops fluid injection technologies for oil and gas well stimulation, and improved/enhanced oil recovery in North America, the Middle East, and internationally. The company offers Powerwave process, an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock; and Primawave process, a method for aiding in-ground environmental remediation clean-up in contaminated sites.

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