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USA: Weekly CFO Buys Highlight: CEP, JNS, ECTY, STAG, VAC

Ecotality Inc. (ECTY): CFO Hind Ravi Brar Bought 15,000 Shares

CFO of Ecotality Inc. (ECTY) Hind Ravi Brar bought 15,000 shares on 12/30/2011 at an average price of $1.04. ECOtality, Inc., headquartered in Scottsdale, Arizona, is a leader in clean electric transportation and storage technologies. Ecotality Inc. has a market cap of $25.7 million; its shares were traded at around $1.08 with and P/S ratio of 1.8.

ECOtality Inc. announced financial results for the quarter ended September 30, 2011. Revenue for the third quarter 2011 grew to $9.5 million, an increase of 58 percent, compared with $6.0 million reported in the second quarter of 2011. Net loss for the three month period ended September 30, 2011 was $3.4 million, a 39 percent improvement when compared with a net loss of $5.6 million in the second quarter of 2011.

CFO Hind Ravi Brar and Secretary/ asst. Treasury Barry Baer bought shares of ECTY stock
Source gurofocus.com

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