APN Resources (LON:APN) Insider Thomas Michael Ryder Sells 4,500,000 Shares

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

APN Resources Stock Performance

Shares of APN stock traded down GBX 5 during mid-day trading on Friday, hitting GBX 288. The company’s stock had a trading volume of 9,268,716 shares, compared to its average volume of 1,349,062. The stock has a market cap of £720 million and a price-to-earnings ratio of 25.95. APN Resources N.V. has a 52-week low of GBX 158 and a 52-week high of GBX 356. The business has a 50-day moving average price of GBX 324.02 and a 200 day moving average price of GBX 271.22.

Analyst Ratings Changes

Several analysts have issued reports on APN shares. Canaccord Genuity Group boosted their price target on APN Resources from GBX 335 to GBX 365 and gave the company a “buy” rating in a report on Wednesday, August 26th. Deutsche Bank Aktiengesellschaft raised their price objective on APN Resources from GBX 335 to GBX 350 and gave the stock a “buy” rating in a research note on Wednesday, August 26th. Finally, Berenberg Bank boosted their price objective on APN Resources from GBX 340 to GBX 370 and gave the company a “buy” rating in a research note on Wednesday, August 26th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 323.75.

Check Out Our Latest Stock Analysis 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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