Sandeep Chadha Sells 2,000,000 Shares of Supreme (LON:SUP) Stock

Supreme Plc (LON:SUP) insider Sandeep Chadha sold 2,000,000 shares of the stock in a transaction dated Friday, November 28th. The shares were sold at an average price of GBX 156, for a total transaction of £3,120,000.

Supreme Price Performance

Shares of LON:SUP opened at GBX 157 on Thursday. The company has a current ratio of 2.11, a quick ratio of 0.98 and a debt-to-equity ratio of 25.39. The stock’s fifty day simple moving average is GBX 170.08 and its two-hundred day simple moving average is GBX 179.50. Supreme Plc has a 1-year low of GBX 125 and a 1-year high of GBX 205. The stock has a market cap of £184.19 million, a PE ratio of 8.05 and a beta of 1.13.

Supreme (LON:SUP) last issued its quarterly earnings results on Tuesday, November 25th. The company reported GBX 9.10 EPS for the quarter. Supreme had a net margin of 10.14% and a return on equity of 42.41%. As a group, analysts forecast that Supreme Plc will post 18.8894472 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Supreme in a research report on Monday, October 20th.

About Supreme

Supreme supplies products across six categories; Batteries, Lighting, Vaping, Sports Nutrition and Wellness, Branded Distribution and Soft Drinks. The Company’s capabilities span from product development and manufacturing through to its extensive retail distribution network and direct to consumer capabilities.