Key Points
- Insider purchase: Adam Vicary acquired 5,000 shares of Castings (LON:CGS) on March 23 at GBX 220 per share for a total of £11,000.
- Price and valuation: CGS opened at GBX 230, trading below its 50-day (GBX 264.65) and 200-day (GBX 262.92) moving averages, with a 52-week range of GBX 202.28–332, market cap ~£100m and a P/E of 20.8.
- Business profile: Castings P.L.C. produces iron castings and offers machining, heat treatment and coating services for industrial and automotive customers.
Castings P.L.C. (LON:CGS - Get Free Report) insider Adam Vicary acquired 5,000 shares of Castings stock in a transaction that occurred on Monday, March 23rd. The stock was acquired at an average price of GBX 220 per share, with a total value of £11,000.
Castings Price Performance
CGS opened at GBX 230 on Tuesday. The company's 50-day simple moving average is GBX 264.65 and its two-hundred day simple moving average is GBX 262.92. The company has a debt-to-equity ratio of 1.71, a quick ratio of 2.76 and a current ratio of 2.77. The stock has a market capitalization of £100.00 million, a P/E ratio of 20.83 and a beta of 0.28. Castings P.L.C. has a 52-week low of GBX 202.28 and a 52-week high of GBX 332.
Castings Company Profile
(
Get Free Report)
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, 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
