Cape PLC (CIU) Insider Sells £220,185.85 in Stock
Cape PLC (LON:CIU) insider Michael Speakman sold 83,089 shares of the company’s stock in a transaction on Friday, September 8th. The stock was sold at an average price of GBX 265 ($3.42), for a total value of £220,185.85 ($284,367.62).
Cape PLC (LON CIU) opened at 267.25 on Friday. The firm’s market capitalization is GBX 322.45 million. The stock’s 50 day moving average is GBX 262.44 and its 200 day moving average is GBX 233.70. Cape PLC has a one year low of GBX 139.00 and a one year high of GBX 267.25.
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CIU has been the subject of several recent analyst reports. Numis Securities Ltd restated a “buy” rating and set a GBX 300 ($3.87) target price on shares of Cape PLC in a research note on Monday, June 5th. Macquarie cut Cape PLC to a “neutral” rating and cut their target price for the stock from GBX 240 ($3.10) to GBX 235 ($3.03) in a research note on Tuesday, June 6th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 290 ($3.75) target price on shares of Cape PLC in a research note on Wednesday, July 5th.
Cape PLC Company Profile
Cape plc (Cape) is a holding company. The Company is engaged in the provision of critical industrial services principally to the energy and natural resources sectors. Cape provides a multi-disciplinary service offering, including the traditional services of access, insulation, coatings and mechanical, and a range of specialist services, including refractory linings, oil and gas storage tanks, heat exchanger replacement and refurbishment, and environmental services.
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