LiDCO Group plc’s (LID) Corporate Rating Reiterated at FinnCap
LiDCO Group plc (LON:LID)‘s stock had its “corporate” rating reissued by research analysts at FinnCap in a report issued on Wednesday. They presently have a GBX 14 ($0.18) price target on the stock. FinnCap’s price target would indicate a potential upside of 64.71% from the stock’s current price.
LiDCO Group plc (LON LID) traded up 11.48% during mid-day trading on Wednesday, reaching GBX 8.50. 1,877,227 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of GBX 7.60 and a 200 day moving average price of GBX 6.78. LiDCO Group plc has a 52-week low of GBX 5.25 and a 52-week high of GBX 9.00. The company’s market cap is GBX 20.75 million.
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In other LiDCO Group plc news, insider Peter Grant purchased 500,000 shares of the firm’s stock in a transaction dated Friday, March 31st. The stock was bought at an average cost of GBX 3 ($0.04) per share, with a total value of £15,000 ($19,382.35).
About LiDCO Group plc
LiDCO Group Plc is a United Kingdom-based supplier of non-invasive and minimally invasive hemodynamic monitoring equipment to hospitals. The Company is engaged in the development, manufacture and sale of cardiac monitoring equipment. It operates in the segment of supply of monitors, consumables and support services associated with the use of its cardiac monitoring equipment.
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