Castings P.L.C. (LON:CGS) Insider Acquires £10,500 in Stock

Castings P.L.C. (LON:CGS - Get Free Report) insider Adam Vicary bought 3,500 shares of the business's stock in a transaction dated Wednesday, September 11th. The shares were bought at an average cost of GBX 300 ($3.92) per share, for a total transaction of £10,500 ($13,730.87).

Castings Price Performance

Shares of LON:CGS opened at GBX 300 ($3.92) on Friday. The firm has a market capitalization of £130.38 million, a PE ratio of 763.16 and a beta of 0.60. The business has a 50 day simple moving average of GBX 339.74 and a two-hundred day simple moving average of GBX 354.16. Castings P.L.C. has a 1 year low of GBX 280 ($3.66) and a 1 year high of GBX 404 ($5.28).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their price objective on shares of Castings from GBX 460 ($6.02) to GBX 390 ($5.10) and set a "buy" rating on the stock in a research report on Tuesday, August 20th.

Get Our Latest Analysis on CGS

About Castings

(Get Free Report)

Castings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, and Ni-resist castings. It also provides fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering heat treatment services; automotive standard e-coat and powder coating, galvanising, plating, gas based surface treatment, and plastic and metal spray coating services; and assembly and insulation services.

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