Peel Hunt reissued their buy rating on shares of Pure Wafer (LON:PUR) in a report released on Wednesday, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reiterated a buy rating and issued a GBX 46 ($0.60) price objective on shares of Pure Wafer in a research report on Tuesday, October 1st.

Shares of LON:PUR opened at GBX 37.40 ($0.49) on Wednesday. The firm has a 50-day moving average price of GBX 38.36. Pure Wafer has a fifty-two week low of GBX 30 ($0.39) and a fifty-two week high of GBX 47.40 ($0.62). The company has a debt-to-equity ratio of 4.08, a quick ratio of 1.72 and a current ratio of 2.04.

In related news, insider Mark O’Dea bought 455,000 shares of the stock in a transaction on Tuesday, July 30th. The shares were purchased at an average price of GBX 34 ($0.44) per share, with a total value of £154,700 ($202,142.95).

Pure Wafer Company Profile

Pure Wafer plc is a United Kingdom-based holding company. The Company is engaged in provision of silicon wafer reclaim services and the provision of management services to its trading subsidiaries. The Company cleans and polishes silicon wafers (test wafers) sent for reclaim by the semiconductor manufacturers.

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