Stelrad Group (LON:SRAD) Insider Sells 373,175 Shares of Company Stock

Stelrad Group PLC (LON:SRAD) insider Robert Ellis sold 373,175 shares of Stelrad Group stock in a transaction dated Thursday, October 22nd. The stock was sold at an average price of GBX 145, for a total value of £541,103.75.

Robert Ellis also recently made the following trade(s):

• On Friday, October 2nd, Robert Ellis sold 65,000 shares of Stelrad Group stock. The stock was sold at an average price of GBX 147, for a total transaction of £95,550.
• On Friday, September 18th, Robert Ellis sold 45,091 shares of Stelrad Group stock. The shares were sold at an average price of GBX 145, for a total value of £65,381.95.
• On Thursday, September 3rd, Robert Ellis sold 166,734 shares of Stelrad Group stock. The shares were sold at an average price of GBX 146, for a total value of £243,431.64.

Stelrad Group Trading Up 2.1%

SRAD stock traded up GBX 3 during midday trading on Friday, reaching GBX 148. The company’s stock had a trading volume of 15,313 shares, compared to its average volume of 97,713. The company has a quick ratio of 0.76, a current ratio of 1.98 and a debt-to-equity ratio of 148.26. Stelrad Group PLC has a 52 week low of GBX 115.88 and a 52 week high of GBX 174. The stock has a market cap of £188.48 million, a PE ratio of 14.57 and a beta of 0.41. The business’s 50-day simple moving average is GBX 146.32 and its 200-day simple moving average is GBX 145.05.

Stelrad Group (LON:SRAD) last announced its earnings results on Friday, August 7th. The company reported GBX 7.43 earnings per share for the quarter. Stelrad Group had a net margin of 4.85% and a return on equity of 23.96%. As a group, sell-side analysts expect that Stelrad Group PLC will post 14.94 EPS for the current year.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 190 price target on shares of Stelrad Group in a report on Friday, August 7th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 190.

About Stelrad Group

Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators.