Insider Selling: Stelrad Group (LON:SRAD) Insider Sells £243,431.64 in Stock

Stelrad Group PLC (LON:SRADGet Free Report) insider Robert Ellis sold 166,734 shares of Stelrad Group stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of GBX 146, for a total value of £243,431.64.

Stelrad Group Stock Performance

SRAD opened at GBX 152 on Monday. The stock’s 50 day simple moving average is GBX 153.45 and its 200-day simple moving average is GBX 141.77. The company has a current ratio of 1.98, a quick ratio of 0.76 and a debt-to-equity ratio of 148.26. The stock has a market cap of £193.58 million, a PE ratio of 230.30 and a beta of 0.40. Stelrad Group PLC has a 1 year low of GBX 115.88 and a 1 year high of GBX 174.

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

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 190 target price on shares of Stelrad Group in a research report on Friday, August 7th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 190.

Check Out Our Latest Research Report on SRAD

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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