McBride (LON:MCB) Insider Sells £943,809.72 in Stock

McBride plc (LON:MCB) insider Mark Strickland sold 527,268 shares of the stock in a transaction on Monday, September 21st. The shares were sold at an average price of GBX 179, for a total value of £943,809.72.

Mark Strickland also recently made the following trade(s):

• On Wednesday, September 16th, Mark Strickland sold 110,000 shares of McBride stock. The stock was sold at an average price of GBX 190, for a total value of £209,000.

McBride Stock Performance

MCB traded down GBX 5.20 on Tuesday, reaching GBX 180.80. The company had a trading volume of 268,748 shares, compared to its average volume of 459,057. The company has a quick ratio of 0.54, a current ratio of 1.10 and a debt-to-equity ratio of 169.22. McBride plc has a 1 year low of GBX 107.60 and a 1 year high of GBX 214.10. The stock has a market capitalization of £306.95 million, a PE ratio of 10.70, a P/E/G ratio of -0.36 and a beta of 1.51. The stock has a 50-day moving average price of GBX 172.44 and a 200-day moving average price of GBX 160.37.

McBride (LON:MCB) last posted its earnings results on Tuesday, September 15th. The company reported GBX 21.60 earnings per share for the quarter. McBride had a return on equity of 28.68% and a net margin of 3.21%. As a group, research analysts forecast that McBride plc will post 19.2307692 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 275 target price on shares of McBride in a report on Thursday, September 10th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 232.50.

About McBride

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.