Dale Elson Richmond Purchases 5,000 Shares of IBI Group Inc (IBG) Stock
IBI Group Inc (TSE:IBG) Director Dale Elson Richmond acquired 5,000 shares of the firm’s stock in a transaction on Friday, June 9th. The stock was purchased at an average cost of C$6.75 per share, with a total value of C$33,750.00.
Shares of IBI Group Inc (TSE IBG) traded up 2.12% during mid-day trading on Friday, reaching $6.73. 116,120 shares of the company’s stock traded hands. The company’s 50-day moving average price is $7.04 and its 200-day moving average price is $6.45. The stock has a market capitalization of $209.91 million and a PE ratio of 25.02. IBI Group Inc has a 12-month low of $4.60 and a 12-month high of $7.40.
COPYRIGHT VIOLATION NOTICE: This piece of content was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of US & international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/06/09/dale-elson-richmond-purchases-5000-shares-of-ibi-group-inc-ibg-stock.html.
Separately, Raymond James Financial, Inc. downgraded shares of IBI Group from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from C$7.00 to C$6.50 in a research note on Friday, March 10th.
IBI Group Company Profile
IBI Group Inc is an architecture, planning, engineering and technology company. The Company provides a range of professional services focused on the physical development of cities. It operates through the consulting services segment. Its business is focused on three areas of development: intelligence, buildings and infrastructure.
Receive News & Ratings for IBI Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IBI Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.