APN Resources N.V. (LON:APN – Get Free Report) insider Steven Granite sold 2,500,000 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of GBX 275, for a total value of £6,875,000.
APN Resources Stock Performance
APN Resources stock traded down GBX 5 during mid-day trading on Friday, hitting GBX 288. The company’s stock had a trading volume of 9,268,716 shares, compared to its average volume of 1,349,062. The company has a 50 day moving average of GBX 324.02 and a 200-day moving average of GBX 271.22. APN Resources N.V. has a one year low of GBX 158 and a one year high of GBX 356. The stock has a market cap of £720 million and a PE ratio of 25.95.
Analysts Set New Price Targets
APN has been the topic of several recent analyst reports. Berenberg Bank raised their price target on shares of APN Resources from GBX 340 to GBX 370 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Canaccord Genuity Group boosted their price objective on shares of APN Resources from GBX 335 to GBX 365 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of APN Resources from GBX 335 to GBX 350 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 323.75.
About APN Resources
Applied Nutrition plc (LSE: APN) is a leading sports nutrition, health and wellness brand, which formulates and creates nutrition products with a stated aim of being the world’s most trusted and innovative brand in the market.
Headquartered in the UK, the Group sells products in over 85 countries worldwide and has a diverse product range, targeting elite athletes, gym goers and health-conscious consumers. Applied Nutrition has developed and launched four ranges under the umbrella of the Applied Nutrition brand – Applied Nutrition, ABE, BodyFuel, and Endurance.
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