Powerflute Oyj (LON:POWR) insider Maria Teresa Aliu Presas purchased 4,000 shares of the company’s stock in a transaction on Friday, November 28th. The shares were bought at an average price of GBX 55 ($0.68) per share, for a total transaction of £2,200 ($2,722.77).

Powerflute Oyj (LON:POWR) opened at 89.25 on Tuesday. The firm’s market cap is GBX 259.41 billion. Powerflute Oyj has a 52 week low of GBX 62.00 and a 52 week high of GBX 100.98. The stock has a 50 day moving average of GBX 83.09 and a 200 day moving average of GBX 76.46.

Separately, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 105 ($1.30) price objective on shares of Powerflute Oyj in a research note on Monday, July 25th.

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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