ITE Group plc (LON:ITE) insider Andrew Beach bought 25,000 shares of the stock in a transaction dated Tuesday, July 9th. The stock was purchased at an average cost of GBX 74 ($0.97) per share, for a total transaction of £18,500 ($24,173.53).

ITE stock opened at GBX 73.30 ($0.96) on Friday. The stock has a market capitalization of $543.61 million and a P/E ratio of -81.44. ITE Group plc has a 52 week low of GBX 55.40 ($0.72) and a 52 week high of GBX 93.10 ($1.22). The business’s 50-day moving average is GBX 74.25. The company has a current ratio of 0.67, a quick ratio of 0.51 and a debt-to-equity ratio of 44.28.

The business also recently disclosed a dividend, which will be paid on Thursday, August 1st. Investors of record on Thursday, June 20th will be issued a dividend of GBX 0.90 ($0.01) per share. This represents a yield of 1.22%. The ex-dividend date is Thursday, June 20th. ITE Group’s dividend payout ratio is currently -2.22%.

Several brokerages have recently weighed in on ITE. Numis Securities reaffirmed a “buy” rating and issued a GBX 1,800 ($23.52) target price on shares of in a report on Monday, June 3rd. Peel Hunt reissued a “buy” rating on shares of Lookers in a report on Monday.

About ITE Group

ITE Group plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.

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