Insider Buying: Discoverie Group PLC (DSCV) Insider Acquires £20,000 in Stock
Discoverie Group PLC (LON:DSCV) insider Simon Gibbins bought 5,000 shares of the firm’s stock in a transaction on Tuesday, April 16th. The shares were acquired at an average cost of GBX 400 ($5.23) per share, with a total value of £20,000 ($26,133.54).
Shares of LON DSCV opened at GBX 431 ($5.63) on Friday. Discoverie Group PLC has a fifty-two week low of GBX 324 ($4.23) and a fifty-two week high of GBX 456 ($5.96). The company has a market cap of $316.18 million and a price-to-earnings ratio of 27.63. The company has a quick ratio of 1.20, a current ratio of 1.93 and a debt-to-equity ratio of 60.45.
A number of equities analysts have weighed in on DSCV shares. Peel Hunt reaffirmed a “buy” rating on shares of Discoverie Group in a research note on Thursday, January 31st. FinnCap reaffirmed a “corporate” rating on shares of Discoverie Group in a research note on Thursday, January 31st. Berenberg Bank decreased their target price on shares of Discoverie Group from GBX 525 ($6.86) to GBX 490 ($6.40) and set a “buy” rating for the company in a research note on Tuesday, January 29th. Finally, Numis Securities reaffirmed an “add” rating and set a GBX 500 ($6.53) target price on shares of Discoverie Group in a research note on Tuesday, April 16th.
About Discoverie Group
discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates through two divisions, Design & Manufacturing and Custom Supply. The company also offers technically demanding, customized electronic, photonic, and medical products to the industrial, medical, and healthcare markets.
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