Insider Selling: McBride (LON:MCB) Insider Sells 110,000 Shares

McBride plc (LON:MCB) insider Mark Strickland sold 110,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The shares were sold at an average price of GBX 190, for a total value of £209,000.

McBride Trading Down 2.2%

LON MCB opened at GBX 189.80 on Thursday. The firm’s 50-day moving average is GBX 171.14 and its two-hundred day moving average is GBX 159.75. The stock has a market capitalization of £322.23 million, a P/E ratio of 11.23, a PEG ratio of -0.36 and a beta of 1.51. McBride plc has a 12 month low of GBX 107.60 and a 12 month high of GBX 214.10. The company has a debt-to-equity ratio of 169.22, a current ratio of 1.10 and a quick ratio of 0.54.

McBride (LON:MCB) last released its quarterly earnings results on Tuesday, September 15th. The company reported GBX 21.60 EPS for the quarter. McBride had a return on equity of 28.68% and a net margin of 3.21%. On average, sell-side analysts anticipate that McBride plc will post 19.2307692 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 275 price objective on shares of McBride in a research note on Thursday, September 10th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, McBride presently has an average rating of “Buy” and a consensus price target of GBX 232.50.

McBride Company Profile

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end?to?end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.