Insider Buying: Melrose Industries PLC (LON:MRO) Insider Buys 20,000 Shares of Stock

Melrose Industries PLC (LON:MRO - Get Free Report) insider Alison Goligher bought 20,000 shares of the company's stock in a transaction that occurred on Friday, May 23rd. The stock was purchased at an average cost of GBX 462 ($6.24) per share, for a total transaction of £92,400 ($124,713.19).

Melrose Industries Stock Up 0.6%

Melrose Industries stock traded up GBX 2.70 ($0.04) during midday trading on Thursday, reaching GBX 469.20 ($6.33). The stock had a trading volume of 2,008,529 shares, compared to its average volume of 14,822,427. The firm's fifty day simple moving average is GBX 447.38 and its 200-day simple moving average is GBX 526.90. Melrose Industries PLC has a 1-year low of GBX 376 ($5.07) and a 1-year high of GBX 682.60 ($9.21). The stock has a market capitalization of £6.06 billion, a P/E ratio of -158.68, a price-to-earnings-growth ratio of 0.48 and a beta of 1.51. The company has a debt-to-equity ratio of 44.03, a quick ratio of 0.45 and a current ratio of 0.86.

Melrose Industries (LON:MRO - Get Free Report) last posted its quarterly earnings results on Thursday, March 6th. The company reported GBX 26.80 ($0.36) earnings per share for the quarter. Melrose Industries had a negative return on equity of 1.18% and a negative net margin of 1.13%. As a group, analysts expect that Melrose Industries PLC will post 33.9741641 EPS for the current fiscal year.

Melrose Industries Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 9th. Shareholders of record on Thursday, March 27th were paid a GBX 4 ($0.05) dividend. This represents a yield of 0.75%. This is an increase from Melrose Industries's previous dividend of $2.00. The ex-dividend date of this dividend was Thursday, March 27th. Melrose Industries's dividend payout ratio (DPR) is currently -202.92%.

Melrose Industries Company Profile

Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.