FieldPoint Petroleum Corp. Director Karl Reimers Sells 3,000 Shares (FPP)
FieldPoint Petroleum Corp. (NYSE:FPP) Director Karl Reimers sold 3,000 shares of the company’s stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $5.05, for a total transaction of $15,150.00. Following the transaction, the director now directly owns 59,000 shares in the company, valued at approximately $297,950. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
FieldPoint Petroleum Corp. (NYSE:FPP) traded down 2.20% on Wednesday, hitting $4.89. The stock had a trading volume of 28,900 shares. FieldPoint Petroleum Corp. has a 1-year low of $3.27 and a 1-year high of $5.21. The stock has a 50-day moving average of $4.49 and a 200-day moving average of $4.06. The company has a market cap of $39.4 million and a price-to-earnings ratio of 27.78.
FieldPoint Petroleum Corp. (NYSE:FPP) last released its earnings data on Thursday, August 15th. The company reported $0.05 earnings per share for the quarter. The company had revenue of $2.30 million for the quarter, compared to the consensus estimate of $2.16 million.
FieldPoint Petroleum Corporation is engaged in the acquisition, operation and development of oil and natural gas properties, which are located in Louisiana, New Mexico, Oklahoma, South-Central Texas and Wyoming.
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