Wandisco PLC (LON:WAND)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 450 ($5.88) and last traded at GBX 465 ($6.08), with a volume of 108811 shares trading hands. The stock had previously closed at GBX 499 ($6.52).

Separately, Peel Hunt reiterated a “buy” rating on shares of Wandisco in a report on Friday, August 31st.

In other news, insider David James Richards sold 85,266 shares of the stock in a transaction that occurred on Thursday, October 11th. The stock was sold at an average price of GBX 524 ($6.85), for a total value of £446,793.84 ($583,815.29).

Wandisco Company Profile (LON:WAND)

WANdisco plc engages in the development and provision of collaboration software in North America, Europe, and internationally. It offers WANdisco Fusion, a general-purpose replication platform transfers data across various environments with guaranteed consistency, no downtime, and no data loss. In addition, the company offers cloud migration, cloud replication, data lakes, developer collaboration, disaster recovery, hybrid cloud, Internet of things, and real-time analytics solutions.

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