Larry Swets, Jr. Buys 10,000 Shares of Greenland Energy (NASDAQ:GLND) Stock

Greenland Energy Co (NASDAQ:GLND) Director Larry Swets, Jr. bought 10,000 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was acquired at an average price of $2.77 per share, for a total transaction of $27,700.00. Following the completion of the purchase, the director directly owned 570,000 shares in the company, valued at approximately $1,578,900. The trade was a 1.79% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Greenland Energy Price Performance

Shares of NASDAQ GLND opened at $2.62 on Wednesday. Greenland Energy Co has a twelve month low of $2.55 and a twelve month high of $23.00.

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Greenland Energy to a “sell” rating in a research note on Saturday, May 30th.

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.