Alumasc Group plc (LON:ALU) insider G Paul Hooper bought 22,790 shares of the company’s stock in a transaction on Wednesday, November 7th. The stock was bought at an average cost of GBX 131 ($1.71) per share, with a total value of £29,854.90 ($39,010.71).

ALU opened at GBX 128.50 ($1.68) on Friday. Alumasc Group plc has a fifty-two week low of GBX 115 ($1.50) and a fifty-two week high of GBX 195 ($2.55).

Alumasc Group (LON:ALU) last posted its quarterly earnings results on Tuesday, September 11th. The company reported GBX 14.40 ($0.19) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 14.50 ($0.19) by GBX (0.10) ($0.00).

The firm also recently declared a dividend, which was paid on Wednesday, October 31st. Investors of record on Thursday, October 4th were paid a dividend of GBX 4.40 ($0.06) per share. This represents a dividend yield of 3.18%. This is an increase from Alumasc Group’s previous dividend of $2.95. The ex-dividend date was Thursday, October 4th.

A number of equities analysts have weighed in on ALU shares. FinnCap boosted their target price on shares of Alumasc Group from GBX 145 ($1.89) to GBX 165 ($2.16) and gave the stock a “corporate” rating in a research note on Tuesday, September 11th. Peel Hunt reissued an “add” rating on shares of Alumasc Group in a research note on Tuesday, September 11th.

COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece of content on another publication, it was stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be viewed at https://theolympiareport.com/2018/11/11/insider-buying-alumasc-group-plc-alu-insider-acquires-22790-shares-of-stock.html.

About Alumasc Group

The Alumasc Group plc, together with its subsidiaries, manufactures and sells building products in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally. The company offers solar shading and architectural screening products; roofing and walling products, including waterproofing systems for flat roofs and exterior wall insulation systems, as well as roofing support services; and water management solutions to manage and attenuate water originating inside or outside of the buildings.

Featured Story: The risks of owning bonds

Receive News & Ratings for Alumasc Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alumasc Group and related companies with MarketBeat.com's FREE daily email newsletter.