Liam Butterworth Buys 86,532 Shares of Dowlais Group plc (LON:DWL) Stock

Dowlais Group plc (LON:DWL) insider Liam Butterworth acquired 86,532 shares of the business’s stock in a transaction dated Monday, March 10th. The stock was purchased at an average price of GBX 67 ($0.87) per share, with a total value of £57,976.44 ($75,099.02).

Dowlais Group Stock Down 0.8 %

Shares of Dowlais Group stock opened at GBX 65.45 ($0.85) on Friday. Dowlais Group plc has a 12-month low of GBX 47.32 ($0.61) and a 12-month high of GBX 94.68 ($1.23). The firm has a market capitalization of £885.08 million and a PE ratio of -1.72. The stock’s fifty day moving average is GBX 68.71 and its 200-day moving average is GBX 61.94.

Dowlais Group (LON:DWL) last posted its quarterly earnings data on Wednesday, March 5th. The company reported GBX 11.40 ($0.15) earnings per share (EPS) for the quarter. Dowlais Group had a negative return on equity of 21.02% and a negative net margin of 11.24%. Analysts expect that Dowlais Group plc will post 13.5660848 EPS for the current year.

Analyst Ratings Changes

Separately, Berenberg Bank reissued a “hold” rating and issued a GBX 62 ($0.80) price target on shares of Dowlais Group in a report on Monday, November 25th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of GBX 94 ($1.22).

About Dowlais Group

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.