Insider Trading Update: RGC Resources Inc. $RGCO

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RGC Resources Inc. (RGCO) insider have most recently took part in a trading activity. On Dec 1, 2017 Agee Nancy H, Director bought 56 shares having total worth of $1,505 at the price of $26.87 per share, following the transaction a total of 28,884 shares owned by Agee Nancy H. Before this latest buy, Agee Nancy H purchased RGCO at 14 other times during the past twelve months, for a total investment of $14,930 at an average of $24.76 per share.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 buy trades. Furthermore, over the past 12 months , the stock was traded 60 times by insiders. In 1 of these trades, the insider was a seller while an employee of the company was the buyer in 59 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 0 -3.1%
12 Month 59 1 60.2%

Shares of RGC Resources Inc. (RGCO) traded up 0.9% on Dec 1, 2017, hitting $26.87. 24,476 shares of the company’s stock traded hands. RGC Resources Inc. has a 52 week low of $15.36 and a 52 week high of $31.08. The company’s market cap is $113 million.

RGC Resources Inc. (RGCO) last announced its earnings results on Nov 15, 2017. The company reported 0.02 earnings per share (EPS) for the quarter. The company had revenue of $10 million for the quarter During the same quarter in the previous year, the company posted 0.03 earnings per share. The company’s revenue for the quarter was up 2% on a year-over-year basis.

2017-11-15 2017-07-31 2017-02-06 2016-02-01 2015-11-23 2015-08-03 2015-05-04 2015-02-03 2014-11-14 2014-07-31
earnings per share 0.02 0.08 0.46 0.40 0.01 0.07 0.59 0.41 -0.03 0.06
Revenue(M) 10.17 11.44 18.79 16.01 9.73 10.77 26.43 21.25 10.28 12.02

RGC Resources, Inc. is incorporated in the state of Virginia on July 31, 1998. It is engaged in the distribution and sale of natural gas to residential, commercial and industrial customers within its service territory in Roanoke, Virginia and the surrounding localities. It also provides certain unregulated natural gas related services through Roanoke Gas and information system services through RGC Ventures of Virginia, Inc., which operates as Application Resources. Regulated natural gas utilities operate in a monopolistic environment. The Company is subject to regulation at both the state and local levels.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.