Contourglobal PLC (LON:GLO) insider Joseph Brandt bought 10,085 shares of the stock in a transaction dated Wednesday, May 22nd. The stock was acquired at an average price of GBX 204 ($2.67) per share, with a total value of £20,573.40 ($26,882.79).
Joseph Brandt also recently made the following trade(s):
- On Thursday, April 11th, Joseph Brandt bought 6,200 shares of Contourglobal stock. The stock was acquired at an average price of GBX 204 ($2.67) per share, with a total value of £12,648 ($16,526.85).
GLO stock traded down GBX 1.40 ($0.02) during midday trading on Wednesday, reaching GBX 197.60 ($2.58). The stock had a trading volume of 87,001 shares, compared to its average volume of 178,281. The company has a quick ratio of 1.35, a current ratio of 1.54 and a debt-to-equity ratio of 530.35. The firm has a market cap of $1.33 billion and a price-to-earnings ratio of 98.80. Contourglobal PLC has a twelve month low of GBX 142.90 ($1.87) and a twelve month high of GBX 266 ($3.48).
Separately, Royal Bank of Canada lowered their price objective on Contourglobal from GBX 325 ($4.25) to GBX 310 ($4.05) and set an “outperform” rating for the company in a research report on Wednesday, February 6th.
Contourglobal Company Profile
ContourGlobal plc, together with its subsidiaries, acquires, owns, develops, and operates wholesale power generation businesses in Europe, Latin America, Africa, and the Caribbean islands. The company operates in Thermal Energy and Renewable Energy segments. It generates electricity from coal, lignite, natural gas, fuel oil, diesel, wind, solar, and hydro power plants with total installed capacity of 1,424 MW in Latin America and 228 MW in Africa.
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