Chemring Group PLC (LON:CHG) Insider Sells £113,896.75 in Stock

Chemring Group PLC (LON:CHG - Get Free Report) insider Sarah Ellard sold 27,445 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of GBX 415 ($5.36), for a total value of £113,896.75 ($147,229.51).

Chemring Group Stock Performance

Shares of LON CHG traded down GBX 12 ($0.16) during mid-day trading on Friday, hitting GBX 409 ($5.29). The stock had a trading volume of 177,903,125 shares, compared to its average volume of 6,091,211. The company has a 50 day moving average of GBX 339.85 and a two-hundred day moving average of GBX 357.24. The firm has a market cap of £1.10 billion, a PE ratio of 500.77, a PEG ratio of 1.99 and a beta of 0.68. The company has a debt-to-equity ratio of 27.42, a quick ratio of 0.71 and a current ratio of 1.22. Chemring Group PLC has a twelve month low of GBX 297.50 ($3.85) and a twelve month high of GBX 430.50 ($5.56).

Chemring Group (LON:CHG - Get Free Report) last announced its quarterly earnings results on Tuesday, December 17th. The company reported GBX 15.70 ($0.20) earnings per share for the quarter. Chemring Group had a return on equity of 0.88% and a net margin of 0.64%. Research analysts predict that Chemring Group PLC will post 24.8815166 EPS for the current fiscal year.

Chemring Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 11th. Shareholders of record on Thursday, March 20th will be given a dividend of GBX 5.20 ($0.07) per share. This is an increase from Chemring Group's previous dividend of $2.60. This represents a yield of 1.44%. The ex-dividend date is Thursday, March 20th. Chemring Group's dividend payout ratio (DPR) is currently 857.06%.

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Analyst Upgrades and Downgrades

CHG has been the subject of several analyst reports. Jefferies Financial Group reiterated a "buy" rating and set a GBX 470 ($6.08) price objective on shares of Chemring Group in a report on Tuesday, December 17th. Shore Capital reissued a "buy" rating on shares of Chemring Group in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 429.50 ($5.55).

About Chemring Group

We are a specialist manufacturing and technology business creating market-leading innovative solutions to meet our customers' complex needs. Using our extensive science and engineering expertise, we turn ideas into reality, designing and developing critical solutions that protect and safeguard in unpredictable environments in today's increasingly unstable world. We achieve this by innovating at every stage of the value chain, from research and development (“R&D”) through to design, manufacture and in-service support, working closely with our customers to deliver products, services and solutions for mission-critical success. Our customer base spans national defence organisations, security and law enforcement agencies, as well as commercial markets such as space and transport.