St. Modwen Properties plc (LON:SMP) insider Mark Allan sold 35,964 shares of the stock in a transaction dated Monday, May 13th. The stock was sold at an average price of GBX 418 ($5.46), for a total transaction of £150,329.52 ($196,432.14).
Shares of St. Modwen Properties stock opened at GBX 424 ($5.54) on Thursday. St. Modwen Properties plc has a 12-month low of GBX 358 ($4.68) and a 12-month high of GBX 431.20 ($5.63). The stock has a market capitalization of $941.41 million and a PE ratio of 16.63. The company has a current ratio of 1.91, a quick ratio of 0.45 and a debt-to-equity ratio of 29.91.
SMP has been the topic of a number of recent analyst reports. Liberum Capital reissued a “buy” rating on shares of St. Modwen Properties in a report on Tuesday, February 5th. Peel Hunt reissued a “hold” rating on shares of St. Modwen Properties in a report on Wednesday, May 8th.
ILLEGAL ACTIVITY NOTICE: This news story was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international copyright laws. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2019/05/16/mark-allan-sells-35964-shares-of-st-modwen-properties-plc-smp-stock.html.
About St. Modwen Properties
St. Modwen Properties PLC invests in, develops, operates, and manages residential and commercial properties in the United Kingdom. It develops land for residential, employment, leisure, retail, and education purposes, as well as uses green infrastructure and community facilities; and industrial and logistics projects.
Further Reading: How does the Beige Book influence monetary policy?
Receive News & Ratings for St. Modwen Properties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for St. Modwen Properties and related companies with MarketBeat.com's FREE daily email newsletter.