TransGlobe Energy Co. (TGL) Director David Bruce Cook Purchases 17,500 Shares of Stock

TransGlobe Energy Co. (TSE:TGL) (NYSE:TGA) Director David Bruce Cook purchased 17,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 4th. The shares were acquired at an average cost of C$2.12 per share, with a total value of C$37,100.00.

David Bruce Cook also recently made the following trade(s):

  • On Friday, November 30th, David Bruce Cook purchased 32,289 shares of TransGlobe Energy stock. The shares were acquired at an average cost of C$2.10 per share, with a total value of C$67,806.90.

TSE:TGL traded down C$0.33 during trading hours on Thursday, hitting C$2.60. The stock had a trading volume of 109,985 shares, compared to its average volume of 111,772. TransGlobe Energy Co. has a one year low of C$1.55 and a one year high of C$5.45. The company has a quick ratio of 2.24, a current ratio of 2.59 and a debt-to-equity ratio of 27.30.

TransGlobe Energy (TSE:TGL) (NYSE:TGA) last issued its earnings results on Thursday, November 8th. The company reported C($0.12) EPS for the quarter. The business had revenue of C$55.72 million for the quarter. As a group, equities research analysts anticipate that TransGlobe Energy Co. will post 0.699999987889274 earnings per share for the current fiscal year.

Separately, Royal Bank of Canada boosted their price target on shares of TransGlobe Energy from C$4.30 to C$5.00 and gave the stock an “outperform” rating in a research note on Thursday, August 16th.

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TransGlobe Energy Company Profile

TransGlobe Energy Corporation, together with its subsidiaries, explores for, develops, and produces crude oil, natural gas, and natural gas liquids in Egypt and Canada. It holds working interests in West Gharib, West Bakr, North West Gharib, South Alamein, South Ghazalat, and North West Sitra production sharing concessions.

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