discoverIE Group plc (LON:DSCV - Get Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as GBX 395 ($5.16) and last traded at GBX 595 ($7.77), with a volume of 72598 shares. The stock had previously closed at GBX 594 ($7.76).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,030 ($13.45) price target on shares of discoverIE Group in a research report on Monday, June 17th.
Get Our Latest Stock Analysis on discoverIE Group
discoverIE Group Stock Up 1.0 %
The stock has a market cap of £575.64 million, a PE ratio of 3,750.00 and a beta of 1.09. The business has a 50 day moving average of GBX 612.12 and a 200-day moving average of GBX 682.86. The company has a current ratio of 1.55, a quick ratio of 0.96 and a debt-to-equity ratio of 77.89.
Insider Transactions at discoverIE Group
In other discoverIE Group news, insider Clive Watson acquired 4,126 shares of the stock in a transaction on Thursday, September 12th. The shares were bought at an average cost of GBX 585 ($7.64) per share, with a total value of £24,137.10 ($31,518.80). In related news, insider Simon Gibbins purchased 5,005 shares of the business's stock in a transaction dated Monday, August 5th. The stock was acquired at an average price of GBX 612 ($7.99) per share, for a total transaction of £30,630.60 ($39,998.17). Also, insider Clive Watson purchased 4,126 shares of the firm's stock in a transaction that occurred on Thursday, September 12th. The shares were bought at an average cost of GBX 585 ($7.64) per share, with a total value of £24,137.10 ($31,518.80). Over the last ninety days, insiders have acquired 9,383 shares of company stock worth $5,633,766. Insiders own 4.50% of the company's stock.
discoverIE Group Company Profile
(
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discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates in two segments, Magnetics & Controls; and Sensing & Connectivity. The company offers magnetic and power components, embedded computing and interface controls, and sensing and connectivity components for industrial applications.
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