discoverIE Group plc (LON:DSCV - Get Free Report)'s share price hit a new 52-week low on Monday . The company traded as low as GBX 542.87 ($7.00) and last traded at GBX 542.87 ($7.00), with a volume of 75041 shares. The stock had previously closed at GBX 546 ($7.04).
Analyst Upgrades and Downgrades
DSCV has been the topic of a number of research reports. Berenberg Bank reiterated a "buy" rating and set a GBX 950 ($12.25) price target on shares of discoverIE Group in a research report on Monday, December 9th. Shore Capital reissued a "hold" rating on shares of discoverIE Group in a report on Thursday, January 30th.
Check Out Our Latest Report on discoverIE Group
discoverIE Group Price Performance
The firm has a market capitalization of £527.30 million, a P/E ratio of 33.98 and a beta of 1.09. The business has a fifty day moving average of GBX 628.94 and a 200-day moving average of GBX 641.49. The company has a debt-to-equity ratio of 77.88, a quick ratio of 0.96 and a current ratio of 1.55.
discoverIE Group (LON:DSCV - Get Free Report) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 18.40 ($0.24) earnings per share (EPS) for the quarter. discoverIE Group had a return on equity of 5.10% and a net margin of 3.55%. On average, sell-side analysts forecast that discoverIE Group plc will post 37.5 EPS for the current fiscal year.
Insider Buying and Selling at discoverIE Group
In other news, insider Clive Watson purchased 175 shares of the firm's stock in a transaction on Wednesday, February 12th. The stock was purchased at an average cost of GBX 608 ($7.84) per share, with a total value of £1,064 ($1,371.49). 4.50% of the stock is currently owned by corporate insiders.
discoverIE Group Company Profile
(
Get Free Report)
discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial use. The Group provides application-specific components to original equipment manufacturers (“OEMs”) internationally, with a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, transportation and industrial & connectivity.
The Group employs c.4,500 people across 20 countries.
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