Alumasc Group plc (ALU) Receives Buy Rating from Peel Hunt
Separately, FinnCap reiterated a buy rating and issued a GBX 225 ($2.74) price target on shares of Alumasc Group plc in a research note on Monday, July 18th.
Alumasc Group plc (LON:ALU) opened at 149.90 on Tuesday. The stock’s 50 day moving average price is GBX 161.69 and its 200-day moving average price is GBX 149.83. Alumasc Group plc has a 52-week low of GBX 115.00 and a 52-week high of GBX 219.67. The stock’s market capitalization is GBX 53.23 million.
The firm also recently declared a dividend, which will be paid on Tuesday, November 1st. Shareholders of record on Thursday, October 6th will be paid a GBX 3.80 ($0.05) dividend. The ex-dividend date is Thursday, October 6th. This is a boost from Alumasc Group plc’s previous dividend of $2.70. This represents a yield of 2.2%.
In other Alumasc Group plc news, insider Magson,Andrew sold 8,793 shares of the stock in a transaction dated Wednesday, September 7th. The stock was sold at an average price of GBX 173 ($2.11), for a total value of £15,211.89 ($18,539.78).
Alumasc Group plc Company Profile
The Alumasc Group plc is a premium building products, systems and solutions group. The principal activities of the Company are the design, manufacture and marketing of products for the building and construction industries, and the manufacture of components for a range of industrial markets. Its segments include Energy management, and Water management & House Building products.
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