Insider Selling: Stelrad Group (LON:SRAD) Insider Sells 166,734 Shares

by · The Markets Daily

Stelrad Group PLC (LON:SRAD – Get Free Report) insider Robert Ellis sold 166,734 shares of the stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of GBX 146, for a total transaction of £243,431.64.

Stelrad Group Price Performance

SRAD traded down GBX 3 on Friday, reaching GBX 148. 35,758 shares of the company’s stock were exchanged, compared to its average volume of 105,405. Stelrad Group PLC has a twelve month low of GBX 115.88 and a twelve month high of GBX 174. The stock has a market cap of £188.48 million, a PE ratio of 224.24 and a beta of 0.40. The company has a debt-to-equity ratio of 148.26, a current ratio of 1.98 and a quick ratio of 0.76. The stock’s fifty day moving average price is GBX 153.45 and its 200-day moving average price is GBX 141.69.

Stelrad Group (LON:SRAD – Get Free Report) last released its earnings results on Friday, August 7th. The company reported GBX 7.43 earnings per share for the quarter. Stelrad Group had a net margin of 4.85% and a return on equity of 23.96%. Sell-side analysts expect that Stelrad Group PLC will post 14.9369544 EPS for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 190 price target on shares of Stelrad Group in a report on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 190.

Check Out Our Latest Stock Analysis on Stelrad Group

About Stelrad Group

(Get Free Report)

Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators.

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