Magnora ASA ( (SVMRF) ) has shared an update.
Morten Strømgren, the Senior Vice President of Ownership and Investments at Magnora ASA, has acquired 4,000 shares of the company at an average price of NOK 21.30 per share. This purchase represents 0.01 percent of the company’s issued shares and votes, indicating a modest increase in insider ownership, which may reflect confidence in the company’s future performance.
More about Magnora ASA
Magnora ASA is a renewable-energy group that focuses on developing wind, solar, and battery storage projects. The company operates in Europe and Africa through various portfolio companies, including Hafslund Magnora Sol AS, Magnora Offshore Wind AS, and others. Magnora is listed on the Oslo Stock Exchange under the ticker MGN.
YTD Price Performance: -20.41%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $129.4M
For detailed information about SVMRF stock, go to TipRanks’ Stock Analysis page.