The Insider Buying: Powerflute Oyj (POWR) Insider Acquires £2,200 in Stock

The Insider Buying: Powerflute Oyj (POWR) Insider Acquires £2,200 in Stock

Powerflute Oyj (LON:POWR) insider Maria Teresa Aliu Presas acquired 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 28th. The stock was purchased at an average price of GBX 55 ($0.68) per share, with a total value of £2,200 ($2,722.77).

Powerflute Oyj (LON:POWR) opened at 89.25 on Thursday. The stock’s market cap is GBX 256.36 million. Powerflute Oyj has a 1-year low of GBX 62.00 and a 1-year high of GBX 99.78. The firm has a 50-day moving average price of GBX 83.44 and a 200 day moving average price of GBX 76.60.

Separately, Numis Securities Ltd reiterated a “buy” rating and issued a GBX 105 ($1.30) target price on shares of Powerflute Oyj in a research note on Monday, July 25th.

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