Conviviality PLC (CVR) Earns “Buy” Rating from Shore Capital
Conviviality PLC (LON:CVR)‘s stock had its “buy” rating restated by stock analysts at Shore Capital in a research note issued to investors on Wednesday.
Shares of Conviviality PLC (LON:CVR) traded down 0.80% on Wednesday, reaching GBX 217.75. The company had a trading volume of 542,348 shares. Conviviality PLC has a 52 week low of GBX 163.09 and a 52 week high of GBX 239.00. The stock’s 50 day moving average is GBX 219.58 and its 200 day moving average is GBX 212.36. The firm’s market capitalization is GBX 335.95 million.
The firm also recently declared a dividend, which was paid on Friday, October 7th. Shareholders of record on Thursday, September 8th were paid a GBX 7.40 ($0.10) dividend. This represents a yield of 3.78%. The ex-dividend date was Thursday, September 8th. This is a positive change from Conviviality PLC’s previous dividend of $2.10.
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In other Conviviality PLC news, insider Hunter,Diana sold 33,333 shares of the stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of GBX 222 ($2.90), for a total transaction of £73,999.26 ($96,592.17). Also, insider Laing,Jennifer acquired 11,401 shares of the company’s stock in a transaction on Tuesday, September 13th. The shares were bought at an average cost of GBX 219 ($2.86) per share, with a total value of £24,968.19 ($32,591.29).
About Conviviality PLC
Conviviality PLC, formerly Conviviality Retail Plc owns the franchised off-license and convenience chain with approximately 611 franchisee-operated stores. The principal activities of the Company and its subsidiaries are wholesale and retail supply of beers, wines, spirits, tobacco, grocery and confectionery.
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