Posted by admin on May 12th, 2022
Castings P.L.C. (LON:CGS – Get Rating) insider Steve Mant acquired 3,100 shares of the stock in a transaction on Thursday, May 12th. The stock was bought at an average cost of GBX 318 ($3.92) per share, for a total transaction of £9,858 ($12,153.87).
LON CGS opened at GBX 316 ($3.90) on Thursday. The company’s 50 day moving average is GBX 311.70 and its 200-day moving average is GBX 342.04. Castings P.L.C. has a 12-month low of GBX 282.52 ($3.48) and a 12-month high of GBX 420 ($5.18). The firm has a market cap of £137.73 million and a P/E ratio of 15.17.
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 530 ($6.53) price objective on shares of Castings in a research report on Wednesday, May 4th.
Castings Company Profile (Get Rating)
Castings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, grey iron, and Ni-resist castings. It also provides fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering heat treatment services; automotive standard e-coat and powder coating, galvanising, plating, gas based surface treatment, and plastic and metal spray coating services; and assembly and insulation services.
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