Greenland Energy (NASDAQ:GLND) Director Larry Swets, Jr. Buys 15,000 Shares of Stock

Greenland Energy Co (NASDAQ:GLND) Director Larry Swets, Jr. purchased 15,000 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were purchased at an average price of $2.56 per share, for a total transaction of $38,400.00. Following the completion of the acquisition, the director directly owned 585,000 shares in the company, valued at $1,497,600. The trade was a 2.63% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Greenland Energy Stock Down 2.6%

Shares of GLND stock opened at $2.48 on Friday. Greenland Energy Co has a 52-week low of $2.44 and a 52-week high of $23.00.

Greenland Energy (NASDAQ:GLND) last issued its earnings results on Wednesday, May 13th. The company reported ($0.04) EPS for the quarter.

Analyst Ratings Changes

A number of analysts have recently weighed in on GLND shares. Wall Street Zen upgraded shares of Greenland Energy to a “sell” rating in a research note on Saturday, May 30th. ThinkEquity began coverage on shares of Greenland Energy in a report on Monday, June 15th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Greenland Energy Company Profile

Greenland Energy Company operates as an early-stage oil and gas exploration company. It focuses on the Jameson Land Basin in East Greenland. The company is based in Denver, Colorado.