Powerflute Oyj (LON:POWR) insider Maria Teresa Aliu Presas purchased 6,400 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was acquired at an average price of GBX 52 ($0.64) per share, for a total transaction of £3,328 ($4,118.81).

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

Separately, Numis Securities Ltd reiterated a “buy” rating and issued a GBX 105 ($1.30) price target on shares of Powerflute Oyj in a research note on Tuesday, August 16th.

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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