Larry Swets, Jr. Acquires 15,000 Shares of Greenland Energy (NASDAQ:GLND) Stock

Greenland Energy Co (NASDAQ:GLND) Director Larry Swets, Jr. bought 15,000 shares of Greenland Energy stock in a transaction dated Thursday, June 25th. The shares were bought at an average cost of $2.56 per share, with a total value of $38,400.00. Following the completion of the transaction, the director directly owned 585,000 shares in the company, valued at approximately $1,497,600. This trade represents a 2.63% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Greenland Energy Trading Down 2.6%

Shares of GLND stock opened at $2.48 on Friday. Greenland Energy Co has a 12-month low of $2.44 and a 12-month high of $23.00.

Greenland Energy (NASDAQ:GLND) last announced its quarterly earnings data on Wednesday, May 13th. The company reported ($0.04) earnings per share for the quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. ThinkEquity assumed coverage on Greenland Energy in a research note on Monday, June 15th. They issued a “buy” rating on the stock. Wall Street Zen upgraded shares of Greenland Energy to a “sell” rating in a research note on Saturday, May 30th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Greenland Energy Company Profile

Greenland Energy Company operates as an early-stage oil and gas exploration company. It focuses on the Jameson Land Basin in East Greenland. The company is based in Denver, Colorado.