Conduit Holdings Limited (LON:CRE – Get Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as GBX 448 and last traded at GBX 448, with a volume of 1210768 shares. The stock had previously closed at GBX 432.
Conduit Price Performance
The firm has a market cap of £646.44 million, a PE ratio of 5.72 and a beta of 0.61. The company has a debt-to-equity ratio of 0.07, a current ratio of 443.50 and a quick ratio of 1.19. The business’s fifty day moving average is GBX 404.35 and its 200-day moving average is GBX 363.13.
Insider Buying and Selling at Conduit
In other news, insider Ken Randall sold 55,000 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of GBX 427, for a total transaction of £234,850. 1.64% of the stock is owned by corporate insiders.
About Conduit
Conduit Re is a Bermuda-based multi-line reinsurance business with global reach. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited. The outlook assigned to these ratings is positive.
Conduit Holdings Limited is the ultimate parent of Conduit Re and is listed on the London Stock Exchange
Further Reading
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