China Metro Rural Holdings Ltd (NYSEMKT:CNR) Director Daniel C. Janki Acquires 50,000 Shares

China Metro Rural Holdings Ltd (NYSEMKT:CNR) Director Daniel C. Janki bought 50,000 shares of the business’s stock in a transaction on Friday, August 9th. The stock was bought at an average price of $4.20 per share, with a total value of $210,000.00. The purchase was disclosed in a filing with the SEC, which is available at this link.

China Metro Rural (NYSEMKT:CNR) last issued its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.27 by ($0.01). The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.38 billion. The company’s revenue was up 183.4% on a year-over-year basis. During the same period in the previous year, the business posted ($0.09) EPS.

Several research analysts have commented on CNR shares. Zacks Investment Research downgraded China Metro Rural from a “hold” rating to a “sell” rating in a research note on Tuesday, July 9th. Raymond James restated an “average” rating and issued a $135.00 target price on shares of China Metro Rural in a research note on Wednesday, July 24th. BMO Capital Markets raised their target price on China Metro Rural from $125.00 to $126.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 24th. Finally, Barclays restated a “hold” rating and issued a $5.00 target price on shares of China Metro Rural in a research note on Monday. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $98.50.

About China Metro Rural

China Metro-Rural Holdings Limited is a developer and operator of integrated agricultural logistics and trade centers in China. The Company’s segments include agricultural logistics, and rural-urban migration and city re-development. The Company’s agricultural logistics business includes development and operation of integrated agricultural logistics and trade centers and supporting facilities, and property management, which engages in the management of developed properties within the logistics platforms, known as China Northeast Logistics Cities.

Further Reading: Put Option Volume

Insider Buying and Selling by Quarter for China Metro Rural (NYSEMKT:CNR)

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