Gear4music (LON:G4M) Insider Acquires £19,991.39 in Stock

Gear4music (Holdings) plc (LON:G4M) insider Christopher (Chris) David Scott bought 6,823 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were bought at an average price of GBX 293 per share, with a total value of £19,991.39.

Gear4music Trading Down 0.3%

G4M stock opened at GBX 292 on Thursday. The company’s 50-day simple moving average is GBX 245.51 and its 200 day simple moving average is GBX 271.62. Gear4music has a 52 week low of GBX 210 and a 52 week high of GBX 336. The company has a debt-to-equity ratio of 65.20, a quick ratio of 0.43 and a current ratio of 2.19. The company has a market capitalization of £61.25 million, a PE ratio of 15.53, a price-to-earnings-growth ratio of 0.78 and a beta of 1.33.

Gear4music (LON:G4M) last released its quarterly earnings results on Wednesday, June 24th. The company reported GBX 34.90 earnings per share (EPS) for the quarter. The firm had revenue of £190.75 million during the quarter. Gear4music had a net margin of 2.46% and a return on equity of 10.10%. As a group, sell-side analysts anticipate that Gear4music will post 22.0105125 earnings per share for the current year.

Gear4music Company Profile

Operating from a Head Office in York, Distribution Centres in York, Bacup, Sweden, Germany, Ireland & Spain, and showrooms in York, Bacup, Sweden & Germany, the Group sells own-brand musical instruments and music equipment alongside premium third-party brands including Fender, Yamaha and Roland, to customers ranging from beginners to musical enthusiasts and professionals, in the UK, Europe and the Rest of the World.

Having developed its own e-commerce platform, with multilingual, multicurrency websites delivering to over 190 countries, the Group continues to build its overseas presence.