Shares of Melrose Industries PLC (LON:MRO - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 519 ($7.12) and traded as high as GBX 536.60 ($7.36). Melrose Industries shares last traded at GBX 534.37 ($7.33), with a volume of 4,097,885 shares traded.
Melrose Industries Trading Up 3.3%
The company has a market cap of £6.90 billion, a price-to-earnings ratio of -180.73, a P/E/G ratio of 0.48 and a beta of 1.51. The company has a current ratio of 0.86, a quick ratio of 0.45 and a debt-to-equity ratio of 44.03. The firm's 50-day moving average price is GBX 466.60 and its 200 day moving average price is GBX 519.
Insider Transactions at Melrose Industries
In other Melrose Industries news, insider Chris Grigg purchased 18,000 shares of Melrose Industries stock in a transaction that occurred on Friday, April 4th. The stock was acquired at an average price of GBX 411 ($5.64) per share, with a total value of £73,980 ($101,523.26). Also, insider Peter Dilnot purchased 12,425 shares of Melrose Industries stock in a transaction that occurred on Tuesday, April 8th. The stock was acquired at an average cost of GBX 400 ($5.49) per share, with a total value of £49,700 ($68,203.65). Insiders purchased a total of 50,425 shares of company stock valued at $21,608,000 in the last quarter. 1.00% of the stock is currently owned by company insiders.
Melrose Industries Company Profile
(
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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.
Further Reading
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