Kiet Huynh Purchases 49 Shares of Rotork (LON:ROR) Stock

Rotork plc (LON:ROR) insider Kiet Huynh bought 49 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was purchased at an average cost of GBX 303 per share, with a total value of £148.47.

Kiet Huynh also recently made the following trade(s):

• On Monday, May 11th, Kiet Huynh bought 49 shares of Rotork stock. The stock was purchased at an average cost of £150.05 per share, with a total value of £7,352.45.
• On Friday, April 10th, Kiet Huynh bought 45 shares of Rotork stock. The stock was purchased at an average cost of GBX 336 per share, with a total value of £151.20.

Rotork Price Performance

LON:ROR opened at GBX 301.80 on Thursday. Rotork plc has a 1-year low of GBX 294.40 and a 1-year high of GBX 393.60. The company has a current ratio of 2.50, a quick ratio of 2.16 and a debt-to-equity ratio of 7.69. The stock has a market capitalization of £2.46 billion, a PE ratio of 22.03, a P/E/G ratio of 2.48 and a beta of 0.98. The firm has a fifty day simple moving average of GBX 315.57 and a 200 day simple moving average of GBX 333.20.

Rotork (LON:ROR) last posted its quarterly earnings results on Tuesday, March 10th. The company reported GBX 17 EPS for the quarter. Rotork had a return on equity of 20.10% and a net margin of 14.85%. On average, research analysts expect that Rotork plc will post 16.4574899 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ROR. Shore Capital Group raised shares of Rotork to a “hold” rating in a report on Friday, May 1st. JPMorgan Chase & Co. reduced their price objective on Rotork from GBX 420 to GBX 390 and set an “overweight” rating for the company in a report on Wednesday, March 11th. Berenberg Bank reduced their price objective on Rotork from GBX 430 to GBX 420 and set a “buy” rating for the company in a report on Wednesday, March 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 400 price objective on shares of Rotork in a report on Tuesday, May 5th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 402.

About Rotork

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.