Powerflute Oyj (LON:POWR) insider Maria Teresa Aliu Presas acquired 20,000 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was bought at an average price of GBX 67 ($0.87) per share, with a total value of £13,400 ($17,491.19).

Powerflute Oyj (LON:POWR) traded up 0.222% during trading on Monday, reaching GBX 89.198. The company had a trading volume of 60,264 shares. The company’s market capitalization is GBX 256.21 million. Powerflute Oyj has a one year low of GBX 62.00 and a one year high of GBX 100.98. The company has a 50-day moving average price of GBX 82.65 and a 200 day moving average price of GBX 76.49.

Separately, Numis Securities Ltd restated a “buy” rating and issued a GBX 105 ($1.37) price objective on shares of Powerflute Oyj in a report on Tuesday, August 16th.

About Powerflute Oyj

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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