Insider Buying: Tungsten Corp PLC (TUNG) Insider Acquires 35,000 Shares of Stock
Tungsten Corp PLC (LON:TUNG) insider Benello,David bought 35,000 shares of the business’s stock in a transaction on Wednesday, September 21st. The shares were acquired at an average cost of GBX 61 ($0.80) per share, for a total transaction of £21,350 ($27,868.42).
Tungsten Corp PLC (LON:TUNG) traded up 3.33% during mid-day trading on Wednesday, hitting GBX 62.00. 348,473 shares of the stock were exchanged. Tungsten Corp PLC has a 12-month low of GBX 29.00 and a 12-month high of GBX 77.00. The firm’s market cap is GBX 78.16 million. The company has a 50 day moving average of GBX 62.38 and a 200 day moving average of GBX 55.83.
Separately, Canaccord Genuity restated a “buy” rating and issued a GBX 76 ($0.99) price target on shares of Tungsten Corp PLC in a report on Tuesday, May 24th.
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Tungsten Corp PLC Company Profile
Tungsten Corporation plc is a global e-Invoicing network that offers supply chain financing and spend analytics. The Company operates through three segments, which include Tungsten Network, Tungsten Network Finance and Corporate. Its Tungsten Network segment includes the e-Invoicing and spends analytics business of Tungsten Network.
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