Computacenter plc (LON:CCC - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 2,168 ($28.12) and last traded at GBX 2,174 ($28.19), with a volume of 73878 shares changing hands. The stock had previously closed at GBX 2,178 ($28.25).
Analyst Ratings Changes
A number of brokerages have recently weighed in on CCC. JPMorgan Chase & Co. cut their price objective on Computacenter from GBX 3,300 ($42.80) to GBX 3,050 ($39.55) and set an "overweight" rating for the company in a research report on Monday, July 29th. Jefferies Financial Group reduced their price objective on Computacenter from GBX 3,900 ($50.58) to GBX 3,800 ($49.28) and set a "buy" rating on the stock in a research note on Monday, July 29th.
View Our Latest Stock Analysis on CCC
Computacenter Price Performance
The company has a current ratio of 1.31, a quick ratio of 0.95 and a debt-to-equity ratio of 12.40. The firm's 50-day moving average price is GBX 2,479.43 and its two-hundred day moving average price is GBX 2,643.52. The stock has a market cap of £2.33 billion, a PE ratio of 1,442.67, a PEG ratio of 6.99 and a beta of 0.71.
Computacenter Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, October 25th. Shareholders of record on Thursday, September 26th were given a dividend of GBX 23.30 ($0.30) per share. This represents a dividend yield of 0.9%. The ex-dividend date was Thursday, September 26th. Computacenter's payout ratio is 4,733.33%.
Insider Buying and Selling
In related news, insider Peter James Ogden sold 562,284 shares of the business's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 2,312 ($29.98), for a total transaction of £13,000,006.08 ($16,859,040.44). In other Computacenter news, insider Pauline Campbell acquired 8,900 shares of the firm's stock in a transaction on Tuesday, September 17th. The stock was acquired at an average cost of GBX 2,470 ($32.03) per share, for a total transaction of £219,830 ($285,086.24). Also, insider Peter James Ogden sold 562,284 shares of the stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of GBX 2,312 ($29.98), for a total value of £13,000,006.08 ($16,859,040.44). 36.41% of the stock is currently owned by company insiders.
About Computacenter
(
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Computacenter plc provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally. The company provides workplace solutions, including device as a service, collaboration management, endpoint management, and intelligent support experience; cloud services, application and Al platforms, custom applications, and business automation; infrastructure service, data center and edge platforms, relocation and migration, and operational resilience; and networking solutions and services.
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