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The Alumasc Group (LON:ALU) Shares Up 2.3% - Here's What Happened

The Alumasc Group logo with Industrials background

The Alumasc Group plc (LON:ALU - Get Free Report)'s share price shot up 2.3% during mid-day trading on Wednesday . The company traded as high as GBX 323.89 ($4.13) and last traded at GBX 317 ($4.04). 63,033 shares were traded during trading, a decline of 11% from the average session volume of 70,710 shares. The stock had previously closed at GBX 310 ($3.96).

The Alumasc Group Stock Performance

The company has a market cap of £115.04 million, a PE ratio of 1,333.33 and a beta of 0.90. The company has a debt-to-equity ratio of 58.17, a quick ratio of 1.19 and a current ratio of 1.66. The firm's 50 day moving average is GBX 297.50 and its 200-day moving average is GBX 249.27.

Insider Activity

In other The Alumasc Group news, insider Michael Leaf sold 8,370 shares of the business's stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of GBX 310 ($3.96), for a total value of £25,947 ($33,108.33). Also, insider Gilbert Jackson sold 5,230 shares of the firm's stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of GBX 274 ($3.50), for a total transaction of £14,330.20 ($18,285.31). Company insiders own 47.23% of the company's stock.

About The Alumasc Group

(Get Free Report)

The Alumasc Group plc, together with its subsidiaries, manufactures and sells building products, systems, and solutions in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally. The company operates through Water Management, Building Envelope, and Housebuilding Products segments.

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