Redcentric (LON:RCN) Insider Buys £60,172.68 in Stock

Key Points

  • Redcentric insider Alan John Aubrey bought 69,164 shares at GBX 87 each, for a total investment of £60,172.68.
  • Redcentric shares opened at GBX 88.82, up 1.5%, but remained below their 50-day and 200-day moving averages of GBX 94.35 and GBX 112.69, respectively.
  • The company reported quarterly EPS of GBX 1.99, with a 20.35% return on equity and a 9.18% net margin; analysts expect full-year EPS of GBX 8.80.

Redcentric plc (LON:RCN - Get Free Report) insider Alan John Aubrey purchased 69,164 shares of the business's stock in a transaction on Thursday, October 29th. The shares were acquired at an average price of GBX 87 per share, with a total value of £60,172.68.

Redcentric Stock Up 1.5%

Shares of LON:RCN opened at GBX 88.82 on Friday. The stock's 50-day moving average price is GBX 94.35 and its 200-day moving average price is GBX 112.69. Redcentric plc has a 12-month low of GBX 83.51 and a 12-month high of GBX 160. The stock has a market capitalization of £90.30 million, a P/E ratio of 12.04 and a beta of 0.21. The company has a current ratio of 1.66, a quick ratio of 0.34 and a debt-to-equity ratio of 66.99.

Redcentric (LON:RCN - Get Free Report) last released its quarterly earnings data on Monday, September 28th. The company reported GBX 1.99 EPS for the quarter. Redcentric had a return on equity of 20.35% and a net margin of 9.18%. On average, equities analysts anticipate that Redcentric plc will post 8.80 earnings per share for the current year.

Redcentric Company Profile

(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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