Redcentric (LON:RCN) Insider Sells £14,952,726.40 in Stock

Redcentric plc (LON:RCN) insider John Radziwill sold 9,345,454 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of GBX 160, for a total value of £14,952,726.40.

Redcentric Price Performance

Shares of RCN opened at GBX 99.48 on Wednesday. The company has a market cap of £158.50 million, a P/E ratio of 66.32 and a beta of 0.20. The stock has a fifty day moving average price of GBX 121.07 and a 200 day moving average price of GBX 120.25. The company has a debt-to-equity ratio of 85.17, a current ratio of 1.56 and a quick ratio of 0.34. Redcentric plc has a 12 month low of GBX 95 and a 12 month high of GBX 160.

Redcentric Company Profile

Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.