Insider Buying: Alumasc Group plc (ALU) Insider Acquires 22,790 Shares of Stock
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).
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.
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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.
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