Insider Selling: SCS Group PLC (SCS) Insider Sells 517,136 Shares of Stock

SCS Group PLC (LON:SCS) insider Paul Daccus sold 517,136 shares of the company’s stock in a transaction on Friday, January 19th. The stock was sold at an average price of GBX 213 ($2.89), for a total transaction of £1,101,499.68 ($1,493,761.43).

SCS Group PLC (SCS) opened at GBX 209 ($2.83) on Monday. SCS Group PLC has a one year low of GBX 127.13 ($1.72) and a one year high of GBX 237 ($3.21). The company has a market cap of $83.62 and a PE ratio of 950.00.

Separately, FinnCap reduced their price objective on shares of SCS Group from GBX 230 ($3.12) to GBX 215 ($2.92) and set a “buy” rating for the company in a research note on Tuesday, October 3rd.

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SCS Group Company Profile

ScS Group plc is engaged in the provision of upholstered furniture and flooring, trading under the brand name, ScS. The Company specializes in fabric and leather sofas, and sells a range of branded and ScS branded products sold under registered trademarks, including Endurance and SiSi Italia. The Company also offers a range of third-party brands, including La-Z-Boy, G Plan and Parker Knoll.

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