APN Resources (LON:APN) Insider Steven Granite Sells 2,500,000 Shares of Stock

APN Resources N.V. (LON:APNGet Free Report) insider Steven Granite sold 2,500,000 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of GBX 275, for a total value of £6,875,000.

APN Resources Stock Performance

APN stock traded down GBX 5 during trading on Friday, reaching GBX 288. 9,268,716 shares of the company traded hands, compared to its average volume of 1,349,062. APN Resources N.V. has a 12 month low of GBX 158 and a 12 month high of GBX 356. The business has a 50 day simple moving average of GBX 324.02 and a 200 day simple moving average of GBX 271.22. The company has a market capitalization of £720 million and a price-to-earnings ratio of 25.95.

Wall Street Analysts Forecast Growth

APN has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of APN Resources from GBX 335 to GBX 350 and gave the company a “buy” rating in a research report 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 stock a “buy” rating in a research note on Wednesday, August 26th. Finally, Berenberg Bank increased their target price on shares of APN Resources from GBX 340 to GBX 370 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, APN Resources has a consensus rating of “Moderate Buy” and a consensus price target of GBX 323.75.

View Our Latest Analysis on APN

APN Resources Company Profile

(Get Free Report)

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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