Morses Club PLC (MCL) Insider Peter Ward Buys 75,000 Shares
Morses Club PLC (LON:MCL) insider Peter Ward purchased 75,000 shares of the company’s stock in a transaction that occurred on Thursday, October 13th. The shares were acquired at an average cost of GBX 129 ($1.60) per share, with a total value of £96,750 ($119,740.10).
Shares of Morses Club PLC (LON:MCL) opened at 133.85 on Monday. The company’s market cap is GBX 173.34 million. Morses Club PLC has a 52 week low of GBX 84.00 and a 52 week high of GBX 135.28. The firm has a 50-day moving average of GBX 115.01 and a 200 day moving average of GBX 104.07.
The company also recently announced a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 20th will be issued a GBX 2.10 ($0.03) dividend. This represents a yield of 1.75%. The ex-dividend date is Thursday, October 20th.
A number of equities research analysts recently weighed in on the stock. Numis Securities Ltd reissued an “add” rating and set a GBX 130 ($1.61) price target on shares of Morses Club PLC in a research note on Thursday, October 6th. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 125 ($1.55) target price on shares of Morses Club PLC in a research note on Thursday, July 14th. Finally, Beaufort Securities started coverage on shares of Morses Club PLC in a research note on Friday, September 2nd. They issued a “buy” rating and a GBX 135 ($1.67) target price for the company.
About Morses Club PLC
Morses Club PLC is a United Kingdom-based non-standard consumer finance company. The Company is focused on the home collected credit market. The Company markets a range of loan products through a combination of traditional and online marketing channels. The Company is focused on the home collected credit market.
Receive News & Ratings for Morses Club PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morses Club PLC and related companies with MarketBeat.com's FREE daily email newsletter.