Greenland Energy (NASDAQ:GLND) Raised to “Sell” at Wall Street Zen

Greenland Energy (NASDAQ:GLND) was upgraded by Wall Street Zen to a “sell” rating in a research report issued on Saturday.

Greenland Energy Price Performance

Shares of GLND stock opened at $3.13 on Friday. Greenland Energy has a fifty-two week low of $2.55 and a fifty-two week high of $23.00.

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

Insiders Place Their Bets

In other Greenland Energy news, Director Larry G. Swets, Jr. purchased 25,000 shares of Greenland Energy stock in a transaction on Wednesday, May 6th. The shares were purchased at an average cost of $2.79 per share, with a total value of $69,750.00. Following the completion of the transaction, the director directly owned 500,000 shares in the company, valued at approximately $1,395,000. This represents a 5.26% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

About Greenland Energy

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.