Insider Buying: discoverIE Group plc (LON:DSCV) Insider Buys 12,000 Shares of Stock

discoverIE Group plc (LON:DSCV - Get Free Report) insider Bruce Thompson acquired 12,000 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were bought at an average cost of GBX 544 ($7.05) per share, for a total transaction of £65,280 ($84,658.28).

discoverIE Group Trading Down 0.7 %

DSCV opened at GBX 534 ($6.93) on Thursday. The company has a quick ratio of 0.96, a current ratio of 1.55 and a debt-to-equity ratio of 77.88. discoverIE Group plc has a 52 week low of GBX 523 ($6.78) and a 52 week high of GBX 788 ($10.22). The business's 50 day moving average is GBX 615.14 and its two-hundred day moving average is GBX 638.76. The firm has a market cap of £517.61 million, a price-to-earnings ratio of 33.35 and a beta of 1.09.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 950 ($12.32) target price on shares of discoverIE Group in a research report on Monday, December 9th. Shore Capital reaffirmed a "hold" rating on shares of discoverIE Group in a report on Thursday, January 30th.

Get Our Latest Stock Analysis on discoverIE Group

About discoverIE Group

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discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial use. The Group provides application-specific components to original equipment manufacturers (“OEMs”) internationally, with a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, transportation and industrial & connectivity. The Group employs c.4,500 people across 20 countries.

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Insider Buying and Selling by Quarter for discoverIE Group (LON:DSCV)

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