Conduit Holdings Limited (LON:CRE - Get Free Report) shares reached a new 52-week low during trading on Wednesday . The company traded as low as GBX 441 ($5.49) and last traded at GBX 445 ($5.54), with a volume of 163562 shares trading hands. The stock had previously closed at GBX 451 ($5.61).
Conduit Trading Down 1.3 %
The company has a market capitalization of £698.56 million, a P/E ratio of 440.59 and a beta of 0.52. The company's fifty day simple moving average is GBX 475.41 and its 200-day simple moving average is GBX 503.55. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.19 and a current ratio of 0.55.
Insiders Place Their Bets
In other Conduit news, insider Trevor Carvey bought 15,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were acquired at an average cost of GBX 486 ($6.05) per share, for a total transaction of £72,900 ($90,705.49). Also, insider Stephen Redmond acquired 10,000 shares of Conduit stock in a transaction that occurred on Wednesday, November 13th. The stock was purchased at an average price of GBX 482 ($6.00) per share, with a total value of £48,200 ($59,972.63). Insiders purchased 40,000 shares of company stock valued at $19,250,000 in the last three months. 6.19% of the stock is currently owned by insiders.
Conduit Company Profile
(
Get Free Report)
Conduit Re is a pure play global reinsurance business based in Bermuda. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Conduit, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Conduit wasn't on the list.
While Conduit currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
