Rgc Resources Inc (RGCO) Files Form 4 Insider Buying : Raymond D Jr Smoot Buys 37 Shares

Rgc Resources Inc (RGCO): Raymond D Jr Smoot , director of Rgc Resources Inc purchased 37 shares on May 2, 2016. The Insider buying transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were purchased at $21.82 per share for a total value of $800.01 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, Nancy H Agee (director) purchased 41 shares at $21.82 per share price.On Apr 4, 2016, Raymond D Jr Smoot (director) purchased 37 shares at $21.64 per share price.Also, On Sep 3, 2015, Dale L Parris (other) sold 634 shares at $20.45 per share price.On Mar 4, 2015, John B Iii Williamson (director) sold 1 shares at $21.69 per share price.

Shares of RGC Resources (RGCO) ended Monday, May 2, 2016 session in red amid volatile trading. The shares closed down -0.7886 points or -3.49% at $21.82 with 5,152 shares getting traded. Post opening the session at $22.72, the shares hit an intraday low of $21.8 and an intraday high of $22.72 and the price vacillated in this range throughout the day. The company has a market cap of $104 M and the number of outstanding shares has been calculated to be 47,52,840 shares. The 52-week high of RGC Resources is $23.94 and the 52-week low is $19.78.

RGC Resources Money Flow Index Chart

RGC Resources Inc. is an energy services company. It is primarily engaged in the regulated sale and distribution of natural gas to approximately 58200 residential commercial and industrial customers in Roanoke Virginia and the surrounding localities through its Roanoke Gas Company (Roanoke Gas) subsidiary. The Company also provides certain unregulated services through Roanoke Gas and utility consulting and information system services through RGC Ventures of Virginia Inc. which operates as The Utility Consultants and Application Resources. The Company has the following subsidiaries: Roanoke Gas Company (Roanoke Gas); Diversified Energy Company and RGC Ventures of Virginia Inc. operating as Application Resources and The Utility Consultants.

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