Insider Buying: Alumasc Group plc (ALU) Insider Purchases 10,000 Shares of Stock

Alumasc Group plc (LON:ALU) insider Richard Saville purchased 10,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was acquired at an average cost of GBX 166 ($2.29) per share, with a total value of £16,600 ($22,934.51).

Shares of Alumasc Group plc (LON:ALU) traded up GBX 7.90 ($0.11) during trading on Monday, hitting GBX 171.90 ($2.37). The stock had a trading volume of 51,592 shares, compared to its average volume of 35,459. The firm has a market capitalization of $60.30 and a price-to-earnings ratio of 1,011.18. Alumasc Group plc has a twelve month low of GBX 155 ($2.14) and a twelve month high of GBX 205 ($2.83).

The company also recently disclosed a dividend, which will be paid on Friday, April 6th. Stockholders of record on Thursday, March 1st will be issued a GBX 2.95 ($0.04) dividend. The ex-dividend date is Thursday, March 1st. This represents a dividend yield of 1.83%.

Several research analysts have recently issued reports on ALU shares. FinnCap reissued a “buy” rating and issued a GBX 225 ($3.11) price target on shares of Alumasc Group in a research note on Thursday, October 26th. Peel Hunt restated a “buy” rating and issued a GBX 235 ($3.25) price objective on shares of Alumasc Group in a report on Wednesday, December 6th.

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About Alumasc Group

The Alumasc Group plc is a building products, systems and solutions company. The Company’s segments include, Solar Shading & Screening, Roofing & Walling, Water Management, and Housebuilding & Ancillary Products. The Solar Shading & Screening segment offers Levolux’s architectural solutions, which are used to shade and screen buildings.

Insider Buying and Selling by Quarter for Alumasc Group (LON:ALU)

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