Richard Akers Buys 100,000 Shares of Ibstock plc (LON:IBST) Stock

Ibstock plc (LON:IBSTGet Free Report) insider Richard Akers purchased 100,000 shares of the company’s stock in a transaction dated Thursday, June 19th. The stock was purchased at an average price of GBX 155 ($2.08) per share, for a total transaction of £155,000 ($208,445.40).

Ibstock Trading Up 0.3%

Shares of IBST stock opened at GBX 151.40 ($2.04) on Friday. Ibstock plc has a 12-month low of GBX 150 ($2.02) and a 12-month high of GBX 212 ($2.85). The company has a current ratio of 1.37, a quick ratio of 1.19 and a debt-to-equity ratio of 46.91. The stock’s 50-day moving average price is GBX 181.38 and its 200-day moving average price is GBX 174.22. The stock has a market capitalization of £596.53 million, a price-to-earnings ratio of 81.97, a price-to-earnings-growth ratio of 0.47 and a beta of 1.34.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 200 ($2.69) target price on shares of Ibstock in a report on Monday, June 16th.

View Our Latest Analysis on IBST

Ibstock Company Profile

(Get Free Report)

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.

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