Chemring Group plc (LON:CHG) insider Michael Flowers sold 49,542 shares of the company’s stock in a transaction that occurred on Friday, January 26th. The stock was sold at an average price of GBX 193 ($2.62), for a total value of £95,616.06 ($129,666.48).
Shares of Chemring Group plc (LON:CHG) opened at GBX 192 ($2.60) on Monday. Chemring Group plc has a one year low of GBX 162 ($2.20) and a one year high of GBX 208 ($2.82). The stock has a market cap of $536.48 and a price-to-earnings ratio of 19,200.00.
The company also recently announced a dividend, which will be paid on Friday, April 20th. Shareholders of record on Thursday, April 5th will be paid a dividend of GBX 2 ($0.03) per share. This is an increase from Chemring Group’s previous dividend of $1.00. This represents a yield of 1.02%. The ex-dividend date is Thursday, April 5th.
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About Chemring Group
Chemring Group PLC is engaged in offering solutions to protect defense and security markets. The Company operates through three segments: Countermeasures, which is engaged in the development and manufacture of expendable countermeasures for air, sea and land platforms, and land-based electronic warfare equipment; Sensors & Electronics, which is engaged in the development and manufacture of improvised explosive device (IED) detection equipment, chemical and biological threat detection equipment, IED electronic countermeasures, network protection technologies and explosive ordnance disposal equipment, and Energetic Systems, which is engaged in the development, procurement and manufacture of signals and illumination devices and payloads, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile and ammunition components, propellants, warheads, fuses, separation sub-systems, actuators and energetic materials.
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