RS Group plc (LON:RS1) Insider Kate Ringrose Purchases 6,880 Shares

RS Group plc (LON:RS1 - Get Free Report) insider Kate Ringrose bought 6,880 shares of the firm's stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average cost of GBX 578 ($7.48) per share, for a total transaction of £39,766.40 ($51,470.88).

RS Group Price Performance

RS Group stock traded down GBX 8 ($0.10) during mid-day trading on Friday, hitting GBX 575 ($7.44). The stock had a trading volume of 271,995 shares, compared to its average volume of 2,529,461. The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 47.26. The firm's 50 day moving average is GBX 629.70 and its 200 day moving average is GBX 692.49. The firm has a market capitalization of £2.71 billion, a P/E ratio of 14.86, a P/E/G ratio of 1.85 and a beta of 0.86. RS Group plc has a one year low of GBX 572 ($7.40) and a one year high of GBX 850 ($11.00).

Wall Street Analyst Weigh In

RS1 has been the subject of several recent analyst reports. Shore Capital raised RS Group to a "buy" rating in a research report on Tuesday, January 28th. JPMorgan Chase & Co. increased their target price on RS Group from GBX 770 ($9.97) to GBX 780 ($10.10) and gave the company a "neutral" rating in a report on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, RS Group currently has an average rating of "Moderate Buy" and a consensus target price of GBX 840 ($10.87).

RS Group Company Profile

RS Group plc is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably. We operate in 36 markets, stock over 800,000 technical and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers.