RS Group's (RS1) "Buy" Rating Reiterated at Shore Capital

Shore Capital reiterated their buy rating on shares of RS Group (LON:RS1 - Free Report) in a report issued on Thursday, Marketbeat Ratings reports.

RS Group Stock Performance

RS Group stock traded down GBX 1.50 ($0.02) during mid-day trading on Thursday, reaching GBX 578 ($7.76). 2,391,404 shares of the company traded hands, compared to its average volume of 1,725,473. The firm's fifty day moving average is GBX 575.23 and its two-hundred day moving average is GBX 589.99. The company has a market capitalization of £2.73 billion, a price-to-earnings ratio of 14.94, a price-to-earnings-growth 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 has a fifty-two week low of GBX 476.80 ($6.40) and a fifty-two week high of GBX 850 ($11.41).

RS Group (LON:RS1 - Get Free Report) last posted its quarterly earnings results on Wednesday, May 21st. The company reported GBX 39.10 ($0.52) EPS for the quarter. RS Group had a net margin of 6.24% and a return on equity of 12.99%.

Insider Buying and Selling at RS Group

In other RS Group news, insider Kate Ringrose sold 6,143 shares of the company's stock in a transaction on Monday, June 30th. The shares were sold at an average price of GBX 580 ($7.79), for a total value of £35,629.40 ($47,824.70). Also, insider David J. R. Sleath purchased 4,883 shares of the stock in a transaction on Wednesday, May 28th. The stock was acquired at an average cost of GBX 570 ($7.65) per share, for a total transaction of £27,833.10 ($37,359.87). Over the last ninety days, insiders acquired 15,087 shares of company stock worth $8,550,828. 0.52% of the stock is owned by corporate 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.