Powerflute Oyj (LON:POWR) insider Maria Teresa Aliu Presas bought 4,000 shares of the firm’s stock in a transaction on Friday, November 28th. The stock was bought 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 Wednesday. The stock’s 50 day moving average price is GBX 83.25 and its 200 day moving average price is GBX 76.51. The firm’s market capitalization is GBX 256.36 million. Powerflute Oyj has a 12 month low of GBX 62.00 and a 12 month high of GBX 100.72.
Separately, Numis Securities Ltd reiterated a “buy” rating and set a GBX 105 ($1.30) price objective on shares of Powerflute Oyj in a research report on Monday, July 25th.
Powerflute Oyj Company Profile
Powerflute Oyj (Powerflute) is a paper and packaging company. The Company operates in two segments: Packaging Papers and Coreboard and Cores. Its Packaging Papers trades under the name Power flute, which is engaged in the production and sale of Nordic semi-chemical fluting for use in corrugated-box applications and operates a fluting mill in Kuopio, Finland.
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