Greenland Energy (NASDAQ:GLND) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Greenland Energy (NASDAQ:GLND) from a strong sell rating to a sell rating in a research note issued to investors on Sunday,Wall Street Zen reports.

Separately, Weiss Ratings upgraded Greenland Energy from a “sell (d-)” rating to a “sell (d)” rating in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Greenland Energy Trading Up 2.6%

Shares of GLND stock opened at $3.10 on Friday. Greenland Energy has a 1 year low of $1.09 and a 1 year high of $23.00. The company has a fifty day simple moving average of $2.29.

Greenland Energy (NASDAQ:GLND) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.13) EPS for the quarter.

Institutional Investors Weigh In On Greenland Energy

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp bought a new position in shares of Greenland Energy in the second quarter valued at $417,000. Squarepoint Ops LLC acquired a new position in Greenland Energy during the second quarter worth $41,000. Resolute Advisors LLC bought a new stake in Greenland Energy during the second quarter worth $163,000. PEAK6 LLC bought a new stake in Greenland Energy during the second quarter worth $143,000. Finally, NewEdge Wealth LLC bought a new stake in Greenland Energy during the second quarter worth $33,000.

About Greenland Energy

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.