discoverIE Group plc (LON:DSCV - Get Free Report) insider Bruce Thompson purchased 12,000 shares of the firm's stock in a transaction on Tuesday, March 11th. The shares were purchased at an average cost of GBX 544 ($7.04) per share, with a total value of £65,280 ($84,515.79).
discoverIE Group Trading Up 2.0 %
Shares of LON:DSCV opened at GBX 549 ($7.11) on Wednesday. The stock has a market capitalization of £532.14 million, a price-to-earnings ratio of 34.29 and a beta of 1.09. discoverIE Group plc has a 1-year low of GBX 523 ($6.77) and a 1-year high of GBX 788 ($10.20). The company has a 50 day moving average price of GBX 618.70 and a 200 day moving average price of GBX 639.52. The company has a debt-to-equity ratio of 77.88, a quick ratio of 0.96 and a current ratio of 1.55.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on DSCV. Shore Capital restated a "hold" rating on shares of discoverIE Group in a report on Thursday, January 30th. Berenberg Bank reissued a "buy" rating and issued a GBX 950 ($12.30) price target on shares of discoverIE Group in a report on Monday, December 9th.
Read Our Latest Analysis on discoverIE Group
About discoverIE Group
(
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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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