Stelrad Group (LON:SRAD) Stock: Insider Robert Ellis Sells 65,000 Shares

Stelrad Group PLC (LON:SRAD) insider Robert Ellis sold 65,000 shares of the stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of GBX 147, for a total transaction of £95,550.

Robert Ellis also recently made the following trade(s):

• On Friday, September 18th, Robert Ellis sold 45,091 shares of Stelrad Group stock. The shares were sold at an average price of GBX 145, for a total value of £65,381.95.
• On Thursday, September 3rd, Robert Ellis sold 166,734 shares of Stelrad Group stock. The shares were sold at an average price of GBX 146, for a total value of £243,431.64.

Stelrad Group Price Performance

SRAD stock opened at GBX 145 on Wednesday. Stelrad Group PLC has a fifty-two week low of GBX 115.88 and a fifty-two week high of GBX 174. The company has a market capitalization of £184.66 million, a price-to-earnings ratio of 14.27 and a beta of 0.40. The business’s 50 day moving average price is GBX 148.78 and its two-hundred day moving average price is GBX 143.23. The company has a debt-to-equity ratio of 148.26, a quick ratio of 0.76 and a current ratio of 1.98.

Stelrad Group (LON:SRAD) last released its earnings results on Friday, August 7th. The company reported GBX 7.43 EPS for the quarter. Stelrad Group had a return on equity of 23.96% and a net margin of 4.85%. As a group, analysts forecast that Stelrad Group PLC will post 14.9369544 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 190 target price on shares of Stelrad Group in a report on Friday, August 7th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Stelrad Group presently has an average rating of “Buy” and an average price target of GBX 190.

Stelrad Group Company Profile

Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators.