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Insider Buying: Stelrad Group PLC (LON:SRAD) Insider Acquires 7,400 Shares of Stock

Insider Buying: Stelrad Group PLC (LON:SRAD) Insider Acquires 7,400 Shares of Stock

Stelrad Group PLC (LON:SRAD - Get Free Report) insider Nicola Bruce bought 7,400 shares of the business's stock in a transaction on Thursday, May 22nd. The shares were acquired at an average price of GBX 143 ($1.92) per share, for a total transaction of £10,582 ($14,204.03).

Stelrad Group Price Performance

Shares of LON:SRAD opened at GBX 141.80 ($1.90) on Friday. The company has a debt-to-equity ratio of 167.32, a quick ratio of 0.76 and a current ratio of 1.64. The firm has a market cap of £188.38 million, a price-to-earnings ratio of 12.19 and a beta of 0.25. The business has a 50-day simple moving average of GBX 135.56 and a two-hundred day simple moving average of GBX 138.35. Stelrad Group PLC has a fifty-two week low of GBX 109 ($1.46) and a fifty-two week high of GBX 158 ($2.12).

Stelrad Group (LON:SRAD - Get Free Report) last released its quarterly earnings results on Friday, March 7th. The company reported GBX 13.05 ($0.18) earnings per share (EPS) for the quarter. Stelrad Group had a return on equity of 28.08% and a net margin of 5.25%. On average, analysts expect that Stelrad Group PLC will post 14.9369544 earnings per share for the current year.

Stelrad Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 27th. Investors of record on Thursday, April 24th will be given a dividend of GBX 4.81 ($0.06) per share. This represents a yield of 3.63%. This is a positive change from Stelrad Group's previous dividend of $2.98. The ex-dividend date of this dividend is Thursday, April 24th. Stelrad Group's payout ratio is 68.75%.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a "not rated" rating on shares of Stelrad Group in a report on Thursday, May 8th.

Check Out Our Latest Stock Analysis on Stelrad Group

Stelrad Group Company Profile

(Get Free Report)

Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators.

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