Scapa Group plc (LON:SCPA) insider Joseph Davin sold 83,358 shares of the stock in a transaction on Thursday, September 20th. The shares were sold at an average price of GBX 454 ($5.93), for a total value of £378,445.32 ($494,505.84).

Shares of LON SCPA traded down GBX 5.80 ($0.08) during mid-day trading on Friday, hitting GBX 370.40 ($4.84). The stock had a trading volume of 348,164 shares, compared to its average volume of 251,665. Scapa Group plc has a twelve month low of GBX 347.50 ($4.54) and a twelve month high of GBX 522.39 ($6.83).

Separately, Numis Securities reissued a “buy” rating and issued a GBX 535 ($6.99) target price on shares of Scapa Group in a research report on Wednesday.

Scapa Group Company Profile

Scapa Group plc, together with its subsidiaries, manufactures and sells bonding products and adhesive components for applications in the healthcare and industrial markets in the United Kingdom and internationally. It offers aluminum foil, acrylic foam, barnier system, cable wrapping, cloth, double sided and transfer, double and single sided foam, foam plate mounting, heatseal, packaging, paper masking, PIB sheeting, polyethylene, PVC, self-amalgamating, and specialist film tapes, as well as resins and putties.

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