RS Group (LON:RS1) Stock Price Down 0.5% - Here's Why

RS Group plc (LON:RS1 - Get Free Report)'s stock price traded down 0.5% during trading on Thursday . The company traded as low as GBX 552.50 ($7.48) and last traded at GBX 556.96 ($7.54). 435,045 shares were traded during mid-day trading, a decline of 77% from the average session volume of 1,858,755 shares. The stock had previously closed at GBX 560 ($7.58).

RS Group Stock Down 0.7%

The business has a fifty day moving average of GBX 549.46 and a 200 day moving average of GBX 602.13. The stock has a market cap of £2.62 billion, a price-to-earnings ratio of 14.37, a P/E/G ratio of 1.85 and a beta of 0.86. The company has a debt-to-equity ratio of 47.26, a current ratio of 2.01 and a quick ratio of 1.24.

RS Group (LON:RS1 - Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The company reported GBX 39.10 ($0.53) earnings per share (EPS) for the quarter. RS Group had a return on equity of 12.99% and a net margin of 6.24%.

Insiders Place Their Bets

In related news, insider David J. R. Sleath purchased 4,883 shares of the firm's stock in a transaction dated Wednesday, May 28th. The shares were purchased at an average cost of GBX 570 ($7.72) per share, for a total transaction of £27,833.10 ($37,683.59). Also, insider Kate Ringrose purchased 1,606 shares of the firm's stock in a transaction on Friday, June 20th. The shares were acquired at an average cost of GBX 557 ($7.54) per share, for a total transaction of £8,945.42 ($12,111.32). Insiders have purchased 29,827 shares of company stock valued at $17,070,548 in the last 90 days. 0.52% of the stock is currently owned by insiders.

About RS Group

RS Group plc is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably. We operate in 36 markets, stock over 800,000 technical and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers.