Medica Group Plc (LON:MGP) Insider Purchases £29,647.60 in Stock

Medica Group Plc (LON:MGP) insider Stuart Quin acquired 19,505 shares of the company’s stock in a transaction that occurred on Thursday, June 10th. The stock was acquired at an average price of GBX 152 ($1.99) per share, with a total value of £29,647.60 ($38,734.78).

Shares of LON:MGP traded down GBX 3 ($0.04) during trading hours on Friday, reaching GBX 151.50 ($1.98). The stock had a trading volume of 69,016 shares, compared to its average volume of 130,493. Medica Group Plc has a 1 year low of GBX 95 ($1.24) and a 1 year high of GBX 170.50 ($2.23). The business’s 50 day moving average is GBX 158.97. The stock has a market cap of £185.42 million and a PE ratio of 125.14. The company has a quick ratio of 1.52, a current ratio of 1.58 and a debt-to-equity ratio of 51.07.

The company also recently announced a dividend, which will be paid on Friday, July 23rd. Investors of record on Thursday, June 24th will be paid a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date of this dividend is Thursday, June 24th. This represents a dividend yield of 1.06%. This is an increase from Medica Group’s previous dividend of $0.85. Medica Group’s payout ratio is presently 0.71%.

Several equities analysts have commented on the stock. Liberum Capital restated a “buy” rating and issued a GBX 220 ($2.87) price target on shares of Medica Group in a research note on Friday, May 14th. Numis Securities reiterated an “add” rating and issued a GBX 180 ($2.35) target price on shares of Medica Group in a report on Wednesday, May 12th. Finally, Credit Suisse Group restated a “neutral” rating and set a GBX 220 ($2.87) price target on shares of Medica Group in a report on Friday, May 14th.

About Medica Group

Medica Group Plc provides teleradiology reporting services to NHS trusts, private hospital groups, and diagnostic imaging companies in the United Kingdom. It offers NightHawk emergency computerised tomography (CT) and MR reporting, routine cross sectional, routine plain film, and radiographer plain film services.

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