Stelrad Group (LON:SRAD) Insider Robert Ellis Sells 65,000 Shares of Company Stock

Stelrad Group PLC (LON:SRAD) insider Robert Ellis sold 65,000 shares of the company’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of GBX 147, for a total transaction of £95,550.

Robert Ellis also recently made the following trade(s):

• On Friday, September 18th, Robert Ellis sold 45,091 shares of Stelrad Group stock. The shares were sold at an average price of GBX 145, for a total transaction of £65,381.95.
• On Thursday, September 3rd, Robert Ellis sold 166,734 shares of Stelrad Group stock. The stock was sold at an average price of GBX 146, for a total transaction of £243,431.64.

Stelrad Group Stock Performance

Shares of LON:SRAD opened at GBX 145 on Tuesday. The firm has a fifty day simple moving average of GBX 149.12 and a two-hundred day simple moving average of GBX 143.11. Stelrad Group PLC has a 52 week low of GBX 115.88 and a 52 week high of GBX 174. The company has a quick ratio of 0.76, a current ratio of 1.98 and a debt-to-equity ratio of 148.26. The stock has a market capitalization of £184.66 million, a P/E ratio of 14.27 and a beta of 0.40.

Stelrad Group (LON:SRAD) last announced its earnings results on Friday, August 7th. The company reported GBX 7.43 earnings per share (EPS) for the quarter. Stelrad Group had a net margin of 4.85% and a return on equity of 23.96%. On average, analysts expect that Stelrad Group PLC will post 14.9369544 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 190 price objective on shares of Stelrad Group in a research note on Friday, August 7th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 190.

Stelrad Group Company Profile

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.