APN Resources (LON:APN) Insider Sells 4,500,000 Shares of Stock

APN Resources N.V. (LON:APNGet Free Report) insider Thomas Michael Ryder sold 4,500,000 shares of APN Resources stock in a transaction on Friday, September 11th. The shares were sold at an average price of GBX 275, for a total value of £12,375,000.

APN Resources Trading Down 1.7%

Shares of APN Resources stock traded down GBX 5 on Friday, reaching GBX 288. The stock had a trading volume of 9,268,716 shares, compared to its average volume of 1,349,062. APN Resources N.V. has a 1 year low of GBX 158 and a 1 year high of GBX 356. The company has a market cap of £720 million and a P/E ratio of 25.95. The business’s 50 day moving average is GBX 324.02 and its two-hundred day moving average is GBX 271.22.

Wall Street Analysts Forecast Growth

APN has been the subject of a number of recent analyst reports. Berenberg Bank upped their price target on shares of APN Resources from GBX 340 to GBX 370 and gave the company a “buy” rating in a report on Wednesday, August 26th. Canaccord Genuity Group raised their price target on shares of APN Resources from GBX 335 to GBX 365 and gave the stock a “buy” rating in a report on Wednesday, August 26th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective 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. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 323.75.

Check Out Our Latest Report on APN

About APN Resources

(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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