Insider Selling: Paramount Resources, Ltd. (POU) Insider Sells 6,000 Shares of Stock
Paramount Resources, Ltd. (TSE:POU) insider Michael S. Han sold 6,000 shares of the business’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of C$21.49, for a total value of C$128,940.00.
Paramount Resources, Ltd. (TSE POU) traded up 0.05% on Tuesday, reaching $21.48. The company had a trading volume of 344,639 shares. The firm has a market capitalization of $2.28 billion and a price-to-earnings ratio of 1.75. Paramount Resources, Ltd. has a one year low of $13.43 and a one year high of $22.41. The company’s 50 day moving average is $20.49 and its 200-day moving average is $18.95.
TRADEMARK VIOLATION NOTICE: “Insider Selling: Paramount Resources, Ltd. (POU) Insider Sells 6,000 Shares of Stock” was published by Watch List News and is owned by of Watch List News. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The original version of this report can be accessed at https://www.watchlistnews.com/insider-selling-paramount-resources-ltd-pou-insider-sells-6000-shares-of-stock/1543638.html.
A number of research analysts have recently issued reports on POU shares. Laurentian boosted their price objective on Paramount Resources from C$29.00 to C$30.00 in a research note on Friday, July 7th. Scotiabank boosted their price objective on Paramount Resources from C$24.00 to C$26.00 and gave the company an “outperform” rating in a research note on Thursday, May 11th. TD Securities downgraded Paramount Resources to a “hold” rating and boosted their price objective for the company from C$14.50 to C$16.50 in a research note on Thursday, May 11th. Barclays PLC dropped their price objective on Paramount Resources from C$25.00 to C$21.00 in a research note on Monday, July 24th. Finally, CSFB reissued a “neutral” rating and issued a C$17.00 price objective on shares of Paramount Resources in a research note on Thursday, May 11th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of C$23.25.
About Paramount Resources
Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. The company operates through three segments: Principal Properties, Strategic Investments, and Corporate. Its principal properties are located in Alberta and British Columbia.
Receive News & Ratings for Paramount Resources Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Resources Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.