Insider Buying: Metalnrg (LON:AMG) Insider Acquires 138,000 Shares of Stock

Metalnrg (LON:AMG) insider Christian Schaffalitzky purchased 138,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were purchased at an average price of GBX 8 per share, for a total transaction of £11,040.

Metalnrg Stock Performance

AMG stock traded up GBX 0.07 during midday trading on Thursday, hitting GBX 7.32. The company’s stock had a trading volume of 351,755 shares, compared to its average volume of 757,320. The business has a 50-day simple moving average of GBX 10. Metalnrg has a 12 month low of GBX 6.50 and a 12 month high of GBX 65. The stock has a market capitalization of £2.24 million and a P/E ratio of -0.33.

About Metalnrg

The company creates shareholder value through indirect and direct investments targeting outright acquisitions, majority stakes, or minority interests.