Insider Buying: Powerflute Oyj (POWR) Insider Buys £3,328 in Stock
Powerflute Oyj (LON:POWR) insider Maria Teresa Aliu Presas purchased 6,400 shares of the business’s stock in a transaction dated Tuesday, November 25th. The shares were purchased at an average cost of GBX 52 ($0.64) per share, with a total value of £3,328 ($4,118.81).
Powerflute Oyj (LON:POWR) opened at 89.25 on Thursday. The company’s market cap is GBX 256.36 million. The company has a 50-day moving average of GBX 83.44 and a 200 day moving average of GBX 76.60. Powerflute Oyj has a 52 week low of GBX 62.00 and a 52 week high of GBX 99.78.
Separately, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 105 ($1.30) price target on shares of Powerflute Oyj in a report on Monday, July 25th.
Powerflute Oyj Company Profile
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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