Wilmington (LON:WIL) Hits New 12-Month Low – Here’s Why

Wilmington plc (LON:WIL)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 300 and last traded at GBX 305, with a volume of 28382 shares traded. The stock had previously closed at GBX 311.

Analyst Ratings Changes

WIL has been the topic of a number of analyst reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 460 price objective on shares of Wilmington in a research note on Monday, September 22nd. Canaccord Genuity Group restated a “buy” rating and issued a GBX 450 target price on shares of Wilmington in a report on Monday, September 22nd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Wilmington currently has a consensus rating of “Buy” and a consensus target price of GBX 455.

Wilmington Price Performance

The stock has a market capitalization of £273.15 million, a P/E ratio of 24.07, a PEG ratio of 1.44 and a beta of 0.84. The company has a debt-to-equity ratio of 2.45, a quick ratio of 0.86 and a current ratio of 1.70. The business has a fifty day simple moving average of GBX 332.99 and a 200-day simple moving average of GBX 339.60.

Wilmington (LON:WIL) last released its quarterly earnings data on Monday, September 22nd. The company reported GBX 23.72 earnings per share for the quarter. Wilmington had a net margin of 18.89% and a return on equity of 18.71%. Sell-side analysts expect that Wilmington plc will post 21.5300004 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Mark Milner sold 71,868 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of GBX 325, for a total transaction of £233,571. Also, insider Guy Millward sold 42,267 shares of the stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of GBX 325, for a total transaction of £137,367.75. Insiders have sold 115,660 shares of company stock worth $37,586,450 in the last quarter. Company insiders own 12.81% of the company’s stock.

About Wilmington

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.