Michael Speakman Sells 83,089 Shares of Cape PLC (CIU) Stock
Cape PLC (LON:CIU) insider Michael Speakman sold 83,089 shares of the company’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of GBX 265 ($3.42), for a total value of £220,185.85 ($284,367.62).
Cape PLC (CIU) traded up 0.19% during midday trading on Thursday, hitting GBX 265.00. The stock had a trading volume of 22,043 shares. Cape PLC has a 1-year low of GBX 139.00 and a 1-year high of GBX 267.00. The stock’s market capitalization is GBX 319.74 million. The stock’s 50-day moving average is GBX 262.26 and its 200-day moving average is GBX 233.46.
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CIU has been the subject of a number of recent research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 290 ($3.75) price target on shares of Cape PLC in a research report on Wednesday, July 5th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 300 ($3.87) price target on shares of Cape PLC in a research report on Thursday, June 22nd. Finally, Macquarie downgraded Cape PLC to a “neutral” rating and reduced their price target for the stock from GBX 240 ($3.10) to GBX 235 ($3.03) in a research report on Tuesday, June 6th.
Cape PLC Company Profile
Cape plc (Cape) is a holding company. The Company is engaged in the provision of critical industrial services principally to the energy and natural resources sectors. Cape provides a multi-disciplinary service offering, including the traditional services of access, insulation, coatings and mechanical, and a range of specialist services, including refractory linings, oil and gas storage tanks, heat exchanger replacement and refurbishment, and environmental services.
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