James D. Chambers Buys 17,000 Shares of BioHiTech Global Inc (OTCMKTS:BHTG) Stock

BioHiTech Global Inc (OTCMKTS:BHTG) Director James D. Chambers purchased 17,000 shares of BioHiTech Global stock in a transaction dated Monday, September 30th. The stock was bought at an average cost of $1.79 per share, for a total transaction of $30,430.00.

BHTG traded down $0.02 during trading hours on Wednesday, hitting $1.74. 2,528 shares of the company’s stock were exchanged, compared to its average volume of 18,677. BioHiTech Global Inc has a 12-month low of $1.60 and a 12-month high of $3.59. The firm has a 50 day moving average of $1.96 and a 200 day moving average of $2.22.

BioHiTech Global (OTCMKTS:BHTG) last announced its earnings results on Wednesday, August 14th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.10). The company had revenue of $1.05 million for the quarter.

A hedge fund recently bought a new stake in BioHiTech Global stock. Susquehanna International Group LLP bought a new position in shares of BioHiTech Global Inc (OTCMKTS:BHTG) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 13,808 shares of the company’s stock, valued at approximately $25,000. Susquehanna International Group LLP owned 0.09% of BioHiTech Global as of its most recent SEC filing.

Several equities research analysts recently weighed in on BHTG shares. Maxim Group set a $3.00 target price on shares of BioHiTech Global and gave the stock a “buy” rating in a research note on Friday, August 16th. Ascendiant Capital Markets started coverage on shares of BioHiTech Global in a research note on Monday, July 22nd. They set a “buy” rating and a $5.00 target price on the stock.

About BioHiTech Global

BioHiTech Global, Inc provides an environmentally friendly solution for food waste disposal. The Company, through its subsidiaries, BioHiTech America, LLC and BioHiTech Europe Limited, offers its customers various technologies integrating technological, biological and mechanical engineering solutions for the control, reduction and/or reuse of organic waste.

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