Katherine Innes Ker Buys 3,750 Shares of Stelrad Group (LON:SRAD) Stock

Stelrad Group PLC (LON:SRAD) insider Katherine Innes Ker bought 3,750 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were acquired at an average cost of GBX 152 per share, for a total transaction of £5,700.

Stelrad Group Stock Performance

Shares of LON SRAD traded down GBX 3 during midday trading on Friday, hitting GBX 150. The company’s stock had a trading volume of 138,200 shares, compared to its average volume of 119,578. Stelrad Group PLC has a 1-year low of GBX 115.88 and a 1-year high of GBX 180. The firm’s fifty day moving average price is GBX 138.95 and its 200-day moving average price is GBX 137. The company has a debt-to-equity ratio of 144.23, a quick ratio of 0.76 and a current ratio of 1.78. The firm has a market cap of £191.03 million, a P/E ratio of 227.27 and a beta of 0.41.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 190 target price on shares of Stelrad Group in a research note on Wednesday, May 20th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus price target 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.