Conduit Holdings Limited (LON:CRE) Insider Trevor Carvey Purchases 10,000 Shares

Conduit Holdings Limited (LON:CRE - Get Free Report) insider Trevor Carvey purchased 10,000 shares of the stock in a transaction dated Friday, February 21st. The shares were purchased at an average price of GBX 384 ($4.87) per share, for a total transaction of £38,400 ($48,700.06).

Conduit Trading Down 0.8 %

Shares of Conduit stock traded down GBX 3 ($0.04) on Thursday, reaching GBX 391 ($4.96). 512,025 shares of the company were exchanged, compared to its average volume of 582,726. Conduit Holdings Limited has a fifty-two week low of GBX 370.25 ($4.70) and a fifty-two week high of GBX 549.74 ($6.97). The firm has a market capitalization of £786.10 million, a price-to-earnings ratio of 3.69 and a beta of 0.52. The stock has a fifty day moving average price of GBX 448.54 and a 200-day moving average price of GBX 491.20.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 700 ($8.88) price objective on shares of Conduit in a research note on Wednesday, February 12th.

About Conduit

Conduit Re is a pure play global reinsurance business based in Bermuda. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited.