Insider Buying: Avingtrans plc (AVG) Insider Buys 16,000 Shares of Stock
Avingtrans plc (LON:AVG) insider Les Thomas acquired 16,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 3rd. The shares were acquired at an average price of GBX 214 ($2.84) per share, with a total value of £34,240 ($45,417.16).
Shares of Avingtrans plc (AVG) opened at 214.00 on Wednesday. The stock has a 50 day moving average of GBX 233.67 and a 200-day moving average of GBX 234.63. Avingtrans plc has a 1-year low of GBX 180.00 and a 1-year high of GBX 260.00. The firm’s market capitalization is GBX 40.69 million.
The company also recently declared a dividend, which will be paid on Friday, December 8th. Stockholders of record on Thursday, October 26th will be issued a GBX 2.20 ($0.03) dividend. The ex-dividend date is Thursday, October 26th. This represents a dividend yield of 1.04%. This is a boost from Avingtrans plc’s previous dividend of $1.20.
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Separately, FinnCap reiterated a “buy” rating and issued a GBX 272 ($3.61) target price on shares of Avingtrans plc in a research report on Wednesday, September 27th.
About Avingtrans plc
Avingtrans plc is a United Kingdom-based company, which is principally engaged in the provision of engineered components, systems and services to the energy, medical and traffic management industries around the world. The Company operates in energy and medical segment. The energy and medical segment is engaged in the designing and manufacturing of machined and fabricated pressure and vacuum vessels and process plant and equipment for the power, oil and gas and medical markets.
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