Conduit Holdings Limited (LON:CRE - Get Free Report) insider Stephen Redmond purchased 10,000 shares of Conduit stock in a transaction dated Wednesday, November 13th. The stock was acquired at an average price of GBX 482 ($6.07) per share, with a total value of £48,200 ($60,743.54).
Stephen Redmond also recently made the following trade(s):
- On Wednesday, September 4th, Stephen Redmond purchased 15,000 shares of Conduit stock. The stock was acquired at an average price of GBX 530 ($6.68) per share, with a total value of £79,500 ($100,189.04).
Conduit Stock Performance
LON:CRE traded up GBX 5 ($0.06) during mid-day trading on Friday, hitting GBX 488.50 ($6.16). The company's stock had a trading volume of 421,972 shares, compared to its average volume of 375,193. The business's fifty day moving average is GBX 518.84 and its two-hundred day moving average is GBX 517.54. The stock has a market cap of £766.85 million, a price-to-earnings ratio of 483.66 and a beta of 0.52. Conduit Holdings Limited has a 1 year low of GBX 449 ($5.66) and a 1 year high of GBX 549.74 ($6.93). The company has a debt-to-equity ratio of 0.18, a current ratio of 0.55 and a quick ratio of 1.19.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on CRE shares. Royal Bank of Canada restated an "outperform" rating and set a GBX 675 ($8.51) price objective on shares of Conduit in a report on Thursday, August 1st. Jefferies Financial Group boosted their price objective on shares of Conduit from GBX 710 ($8.95) to GBX 720 ($9.07) and gave the company a "buy" rating in a report on Thursday, August 1st.
View Our Latest Stock Analysis on Conduit
About Conduit
(
Get Free Report)
Conduit Holdings Limited, together with its subsidiaries, provides reinsurance products and services worldwide. It operates in three divisions: Property, Casualty, and Specialty. The property division offers catastrophe and non-catastrophe property reinsurance products. The Casualty division provides director's and officer's, financial institutions, general, professional, and transactional liability, as well as medical malpractice reinsurance products.
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