United Malt Group Ltd (ASX:UMG) Insider Acquires A$30,056.95 in Stock
United Malt Group Ltd (ASX:UMG) insider Mark Palmquist acquired 7,385 shares of the stock in a transaction on Friday, May 29th. The stock was bought at an average price of A$4.07 ($2.89) per share, with a total value of A$30,056.95 ($21,316.99).
Mark Palmquist also recently made the following trade(s):
- On Friday, May 22nd, Mark Palmquist acquired 50,000 shares of United Malt Group stock. The stock was bought at an average price of A$4.01 ($2.84) per share, with a total value of A$200,500.00 ($142,198.58).
- On Tuesday, May 26th, Mark Palmquist bought 50,000 shares of United Malt Group stock. The shares were acquired at an average price of A$4.09 ($2.90) per share, with a total value of A$204,500.00 ($145,035.46).
Shares of UMG stock traded up A$0.08 ($0.06) during trading hours on Wednesday, hitting A$4.29 ($3.04). 1,407,826 shares of the company’s stock traded hands. The stock has a fifty day moving average price of A$4.38. The firm has a market cap of $1.09 billion and a PE ratio of 15.49. United Malt Group Ltd has a 12-month low of A$3.87 ($2.74) and a 12-month high of A$5.24 ($3.72).
United Malt Group Limited operates as a commercial maltster in North America, Australia, Asia, Europe, and internationally. The company engages in the production and sale of malt to major brewers, craft brewers, distillers, and food companies. It is also involved in the distribution and sale of bagged malt, hops, yeast, adjuncts and related products to craft brewers.
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