Revolymer PLC (LON:REVO) insider Mike Townend bought 29,000 shares of the company’s stock in a transaction dated Thursday, October 13th. The shares were purchased at an average price of GBX 34 ($0.41) per share, with a total value of £9,860 ($12,017.06).

Shares of Revolymer PLC (LON:REVO) opened at 34.50 on Tuesday. Revolymer PLC has a 52-week low of GBX 27.00 and a 52-week high of GBX 79.72. The company’s market cap is GBX 19.97 million. The stock’s 50 day moving average price is GBX 36.27 and its 200-day moving average price is GBX 41.93.

Separately, Panmure Gordon restated a “buy” rating and set a GBX 70 ($0.85) target price on shares of Revolymer PLC in a research report on Monday, September 19th.

Revolymer PLC Company Profile

Revolymer plc is engaged in the specialty chemicals business focused on controlled release, responsive systems and delivery systems. The Company operates in both fast moving consumer goods (FMCGs) markets, such as home care, as well as other markets, such as personal care and nicotine gum. It operates through the gum segment, which includes both confectionery and nicotine.

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