Ije Nwokori Purchases 176 Shares of Dr. Martens (LON:DOCS) Stock

Dr. Martens plc (LON:DOCS) insider Ije Nwokori bought 176 shares of the stock in a transaction dated Tuesday, November 11th. The stock was bought at an average price of GBX 85 per share, for a total transaction of £149.60.

Ije Nwokori also recently made the following trade(s):

• On Wednesday, October 15th, Ije Nwokori sold 298,675 shares of Dr. Martens stock. The stock was sold at an average price of GBX 90, for a total value of £268,807.50.
• On Monday, October 13th, Ije Nwokori acquired 167 shares of Dr. Martens stock. The shares were purchased at an average cost of GBX 89 per share, for a total transaction of £148.63.
• On Wednesday, October 8th, Ije Nwokori purchased 136 shares of Dr. Martens stock. The stock was acquired at an average price of GBX 90 per share, with a total value of £122.40.

Dr. Martens Price Performance

Shares of LON:DOCS traded down GBX 0.05 during midday trading on Wednesday, reaching GBX 86.25. 71,929 shares of the company’s stock traded hands, compared to its average volume of 2,129,868. The company has a market cap of £833.46 million, a P/E ratio of 172.50, a PEG ratio of 6.40 and a beta of 0.11. Dr. Martens plc has a 1 year low of GBX 43.02 and a 1 year high of GBX 100.87. The company has a fifty day simple moving average of GBX 91.38 and a two-hundred day simple moving average of GBX 79.28. The company has a debt-to-equity ratio of 127.27, a quick ratio of 1.13 and a current ratio of 2.85.

Wall Street Analyst Weigh In

Separately, Peel Hunt upgraded Dr. Martens to a “buy” rating in a report on Monday, August 18th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Dr. Martens has an average rating of “Hold” and a consensus target price of GBX 6,000.

Dr. Martens Company Profile

Founded in 1960, Dr. Martens is an iconic British brand with a global presence. “Docs” or “DMs” were originally
produced for their durability for workers, before being adopted by diverse youth subcultures and associated musical
movements. Today, Dr. Martens has transcended its roots while still celebrating its proud history.