Greenland Energy (NASDAQ:GLND) Announces Quarterly Earnings Results

Greenland Energy (NASDAQ:GLND) issued its quarterly earnings data on Thursday. The company reported ($0.13) earnings per share (EPS) for the quarter, Zacks reports.

Greenland Energy Stock Performance

NASDAQ:GLND traded up $0.14 during mid-day trading on Thursday, reaching $1.25. 3,753,590 shares of the company’s stock were exchanged, compared to its average volume of 1,437,254. Greenland Energy has a one year low of $1.10 and a one year high of $23.00. The business’s fifty day moving average is $2.31.

Wall Street Analyst Weigh In

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

Insider Transactions at Greenland Energy

In other Greenland Energy news, Director Larry G. Swets, Jr. acquired 15,000 shares of the business’s stock in a transaction on Thursday, June 25th. The stock was purchased at an average price of $2.56 per share, with a total value of $38,400.00. Following the acquisition, the director directly owned 585,000 shares of the company’s stock, valued at approximately $1,497,600. This trade represents a 2.63% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have bought 45,000 shares of company stock valued at $119,300.

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.