Key Points
- Insider purchases: Director Richard McGuire acquired a total of 50,008 Redcentric shares (21,008 on Dec 23 at GBX 119 and 29,000 on Dec 24 at GBX 118) for a combined value of about £59,219.52.
- Solid market size but weak fundamentals: Redcentric has a market cap of £189.3m but shows a negative net margin (-2.11%), negative ROE (-6.10%) and very high leverage (debt-to-equity 138.57), with weak liquidity (quick ratio 0.34, current ratio 0.77).
- Stock trading context: LON:RCN opened near GBX 118.86, trades in a 52-week range of GBX 109.45–149, has a PE of 55.8, and recently reported GBX 1.86 EPS for the quarter with analysts forecasting ~8.80 EPS for the year.
Redcentric plc (LON:RCN - Get Free Report) insider Richard McGuire bought 21,008 shares of Redcentric stock in a transaction dated Tuesday, December 23rd. The stock was acquired at an average cost of GBX 119 per share, with a total value of £24,999.52.
Richard McGuire also recently made the following trade(s):
- On Wednesday, December 24th, Richard McGuire acquired 29,000 shares of Redcentric stock. The shares were acquired at an average price of GBX 118 per share, with a total value of £34,220.
Redcentric Stock Down 0.7%
Shares of LON:RCN opened at GBX 118.86 on Tuesday. Redcentric plc has a 52-week low of GBX 109.45 and a 52-week high of GBX 149. The company has a market capitalization of £189.31 million, a PE ratio of 55.80 and a beta of 0.13. The company has a debt-to-equity ratio of 138.57, a quick ratio of 0.34 and a current ratio of 0.77. The company has a fifty day moving average of GBX 121.96 and a 200-day moving average of GBX 126.44.
Redcentric (LON:RCN - Get Free Report) last released its earnings results on Wednesday, December 10th. The company reported GBX 1.86 earnings per share (EPS) for the quarter. Redcentric had a negative net margin of 2.11% and a negative return on equity of 6.10%. On average, equities analysts predict that Redcentric plc will post 8.8015647 EPS for the current fiscal year.
About Redcentric
(
Get Free Report)
Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.
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