Insider Selling: Tharisa plc (LON:THS) Insider Sells £316,897.50 in Stock

Tharisa plc (LON:THS) insider Michael Jones sold 14,570 shares of Tharisa stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of GBX 2,175 ($28.42), for a total transaction of £316,897.50 ($414,082.71).

THS opened at GBX 117.50 ($1.54) on Thursday. Tharisa plc has a one year low of GBX 84 ($1.10) and a one year high of GBX 121.94 ($1.59). The company has a market cap of $310.21 million and a P/E ratio of 9.79. The company has a debt-to-equity ratio of 24.97, a quick ratio of 1.75 and a current ratio of 2.09. The business’s 50-day simple moving average is GBX 114.44 and its 200-day simple moving average is GBX 110.71.

A number of equities analysts recently commented on the stock. Peel Hunt reiterated a “buy” rating on shares of Tharisa in a research note on Thursday, August 1st. Berenberg Bank restated a “buy” rating and issued a GBX 150 ($1.96) price target on shares of Tharisa in a research note on Thursday, August 1st.

About Tharisa

Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in China, South Africa, Singapore, Hong Kong, and internationally. The company operates through three segments: PGM, Chrome, and Agency and Trading.

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