Chris Malley Buys 100,000 Shares of Carclo plc (CAR) Stock

Carclo plc (LON:CAR) insider Chris Malley acquired 100,000 shares of Carclo stock in a transaction on Wednesday, January 24th. The shares were purchased at an average cost of GBX 84 ($1.14) per share, with a total value of £84,000 ($113,913.75).

Carclo plc (LON:CAR) opened at GBX 85 ($1.15) on Thursday. Carclo plc has a twelve month low of GBX 62.40 ($0.85) and a twelve month high of GBX 180 ($2.44). The firm has a market capitalization of $60.83 and a price-to-earnings ratio of 850.00.

Carclo (LON:CAR) last announced its quarterly earnings data on Tuesday, November 14th. The company reported GBX 4.50 ($0.06) earnings per share for the quarter, beating the consensus estimate of GBX 4.30 ($0.06) by GBX 0.20 ($0.00). Carclo had a return on equity of 14.09% and a net margin of 4.57%. The business had revenue of GBX 7,218 million during the quarter.

CAR has been the subject of several research reports. Peel Hunt reduced their price objective on Carclo from GBX 200 ($2.71) to GBX 130 ($1.76) and set a “buy” rating for the company in a report on Monday, January 15th. N+1 Singer reissued a “buy” rating and set a GBX 175 ($2.37) price objective on shares of Carclo in a report on Tuesday, November 14th. Finally, FinnCap reissued a “hold” rating and set a GBX 165 ($2.24) price objective on shares of Carclo in a report on Friday, October 27th.

ILLEGAL ACTIVITY NOTICE: “Chris Malley Buys 100,000 Shares of Carclo plc (CAR) Stock” was published by American Banking News and is the property of of American Banking News. If you are viewing this story on another domain, it was stolen and republished in violation of United States and international copyright law. The original version of this story can be accessed at https://www.americanbankingnews.com/2018/01/25/chris-malley-buys-100000-shares-of-carclo-plc-car-stock.html.

Carclo Company Profile

Carclo plc is engaged in the supply of fine tolerance, injection molded plastic components, mainly for medical products. The Company is also engaged in the design and supply of specialized injection molded light-emitting diode (LED)-based lighting systems to the automotive industry. The Company operates through four segments: Technical Plastics, LED Technologies, Aerospace and CIT Technology.

Receive News & Ratings for Carclo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carclo and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply