Today: The Insider Buying: Powerflute Oyj (POWR) Insider Purchases £13,400 in Stock

The Insider Buying: Powerflute Oyj (POWR) Insider Purchases £13,400 in Stock

Powerflute Oyj (LON:POWR) insider Maria Teresa Aliu Presas purchased 20,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was bought at an average cost of GBX 67 ($0.83) per share, with a total value of £13,400 ($16,584.16).

Powerflute Oyj (LON:POWR) opened at 89.25 on Thursday. The firm’s market capitalization is GBX 256.36 million. The stock’s 50 day moving average price is GBX 83.44 and its 200 day moving average price is GBX 76.60. Powerflute Oyj has a 52 week low of GBX 62.00 and a 52 week high of GBX 99.78.

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

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