Canaccord Genuity reissued their buy rating on shares of Hydrodec Group plc (LON:HYR) in a research report report published on Friday morning. The firm currently has a GBX 7 ($0.09) target price on the stock.

Shares of Hydrodec Group plc (LON:HYR) opened at 2.875 on Friday. The company’s market capitalization is GBX 21.47 million. Hydrodec Group plc has a 52-week low of GBX 1.80 and a 52-week high of GBX 7.45. The stock’s 50 day moving average price is GBX 3.33 and its 200-day moving average price is GBX 2.79.

In other Hydrodec Group plc news, insider Archer,Dame Mary purchased 426,839 shares of the firm’s stock in a transaction that occurred on Friday, June 24th. The stock was bought at an average cost of GBX 2 ($0.03) per share, with a total value of £8,536.78 ($11,143.17).

About Hydrodec Group plc

Hydrodec Group plc is a United Kingdom-based clean-tech oil re-refining company with operations in the United States, Australia and the United Kingdom. The Company handles, treats and re-refines used oil to produce oils for re-use. The Company has two operating segments: Re-refining and Recycling. The Company’s Re-refining segment is principally engaged in the treatment of used transformer oil and the sale of SUPERFINETM oil.

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