Enteq Technologies PLC
LSE:NTQ
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Enteq Technologies PLC
Glance View
Enteq Technologies Plc engages in the designing, manufacturing and sale of drilling equipment and associated parts and components. The company is headquartered in Ascot, Berkshire and currently employs 16 full-time employees. The company went IPO on 2011-07-01. The firm has customers throughout North America, Europe, Russia, Asia, China and the Middle East. The company primarily operates from South Houston, Texas, where engineering, electronic, sensor and mechanical manufacture takes place as well as technical support. The firm supplies a measurement while drilling (MWD) solution, near-bit sensors, formation evaluation (resistivity / bed-boundary) options and a simple, wireless, connection capability for adding third party. Its MWD System offers a complete MWD solution to start and sustain operations at the well-site. The company offers required components, such as downhole tools, surface equipment, wireline equipment and handling tools in a kit box.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.