Insider Selling: RHI Magnesita (LON:RHIM) Insider Sells 3,740 Shares of Stock

RHI Magnesita (LON:RHIM - Get Free Report) insider Stefan Borgas sold 3,740 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of GBX 2,985 ($39.11), for a total transaction of £111,639 ($146,277.52).

Stefan Borgas also recently made the following trade(s):

  • On Monday, March 31st, Stefan Borgas sold 5,598 shares of RHI Magnesita stock. The stock was sold at an average price of GBX 3,065 ($40.16), for a total transaction of £171,578.70 ($224,814.86).
  • On Thursday, March 27th, Stefan Borgas sold 9,464 shares of RHI Magnesita stock. The shares were sold at an average price of GBX 3,235 ($42.39), for a total value of £306,160.40 ($401,153.56).

RHI Magnesita Stock Performance

Shares of RHIM stock opened at GBX 2,865 ($37.54) on Friday. The company has a debt-to-equity ratio of 152.96, a current ratio of 1.91 and a quick ratio of 0.93. RHI Magnesita has a fifty-two week low of GBX 2,855 ($37.41) and a fifty-two week high of GBX 3,885 ($50.90). The stock's 50-day moving average is GBX 3,470.54 and its two-hundred day moving average is GBX 3,325.92. The firm has a market cap of £1.63 billion, a P/E ratio of 8.98, a PEG ratio of 2.03 and a beta of 1.53.

RHI Magnesita Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, June 12th. Investors of record on Thursday, May 22nd will be paid a €1.20 ($1.33) dividend. This is a boost from RHI Magnesita's previous dividend of $0.60. The ex-dividend date is Thursday, May 22nd. This represents a dividend yield of 3%. RHI Magnesita's payout ratio is presently 48.91%.

About RHI Magnesita

(Get Free Report)




RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical for high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves customers around the world, with around 22,000 employees in 47 main production sites, 9 recycling facilities and more than 70 sales offices.

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