Michael J. Norris Sells 3,250 Shares of Computacenter plc (LON:CCC) Stock

Computacenter plc (LON:CCC - Get Free Report) insider Michael J. Norris sold 3,250 shares of the company's stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of GBX 2,708 ($33.99), for a total transaction of £88,010 ($110,482.05).

Computacenter Stock Up 0.5 %

LON:CCC traded up GBX 14 ($0.18) on Thursday, hitting GBX 2,724 ($34.20). 84,174 shares of the company's stock were exchanged, compared to its average volume of 130,172. The company has a market cap of £3.11 billion, a P/E ratio of 1,574.57, a price-to-earnings-growth ratio of 6.99 and a beta of 0.72. The firm has a 50-day moving average price of GBX 2,855.10 and a 200-day moving average price of GBX 2,729.55. The company has a debt-to-equity ratio of 13.44, a current ratio of 1.26 and a quick ratio of 0.95. Computacenter plc has a 52 week low of GBX 1,994.30 ($25.04) and a 52 week high of GBX 2,982 ($37.43).

Computacenter Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, July 5th. Shareholders of record on Thursday, June 6th will be given a dividend of GBX 47.40 ($0.60) per share. This is a positive change from Computacenter's previous dividend of $22.60. The ex-dividend date of this dividend is Thursday, June 6th. This represents a dividend yield of 1.61%. Computacenter's payout ratio is 4,046.24%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on CCC. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 3,900 ($48.96) target price on shares of Computacenter in a research note on Wednesday, March 20th. Panmure Gordon started coverage on Computacenter in a research report on Thursday, February 22nd. They issued a "buy" rating and a GBX 3,350 ($42.05) price objective for the company.

Computacenter Company Profile

Computacenter plc provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally. The company offers workplace solutions, including endpoint management, field and lifecycle, virtual desktop, managed print, service desk and remote support, application, collaboration management, and experience management services, as well as device as a service; applications and data solutions, including software development, software lifecycle management, cloud and application support, application migration, data and analytics, user experience, and process automation services; cloud and data center solutions, which include data center, cloud platform, marketplace software sourcing, private cloud, enterprise cloud, finops, data center deployment, cloud optimization, application migration, infrastructure and cloud managed, and application platform services.