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 ($7.13) and traded as high as GBX 536.60 ($7.37). Melrose Industries shares last traded at GBX 534.37 ($7.34), with a volume of 4,097,885 shares traded.
Melrose Industries Price Performance
The firm has a market cap of £6.72 billion, a price-to-earnings ratio of -175.87, a P/E/G ratio of 0.48 and a beta of 1.51. The stock's fifty day moving average price is GBX 471.24 and its 200-day moving average price is GBX 517.89. The company has a current ratio of 0.86, a quick ratio of 0.45 and a debt-to-equity ratio of 44.03.
Insider Activity
In other Melrose Industries news, insider Alison Goligher acquired 20,000 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The stock was purchased at an average cost of GBX 462 ($6.35) per share, with a total value of £92,400 ($126,975.40). Also, insider Peter Dilnot acquired 12,425 shares of Melrose Industries stock in a transaction that occurred on Tuesday, April 8th. The stock was bought at an average price of GBX 400 ($5.50) per share, for a total transaction of £49,700 ($68,297.38). Insiders have acquired a total of 50,425 shares of company stock valued at $21,608,000 in the last quarter. Insiders own 1.00% of the company's stock.
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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