McBride (LON:MCB) Insider Sells £943,809.72 in Stock

McBride plc (LON:MCB) insider Mark Strickland sold 527,268 shares of McBride stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of GBX 179, for a total transaction of £943,809.72.

Mark Strickland also recently made the following trade(s):

• On Wednesday, September 16th, Mark Strickland sold 110,000 shares of McBride stock. The stock was sold at an average price of GBX 190, for a total transaction of £209,000.

McBride Stock Performance

Shares of MCB opened at GBX 172.40 on Friday. The stock has a market capitalization of £292.69 million, a price-to-earnings ratio of 10.20, a PEG ratio of -0.36 and a beta of 1.51. McBride plc has a 12 month low of GBX 107.60 and a 12 month high of GBX 214.10. The firm has a fifty day simple moving average of GBX 173.21 and a 200 day simple moving average of GBX 160.91. The company has a current ratio of 1.10, a quick ratio of 0.54 and a debt-to-equity ratio of 169.22.

McBride (LON:MCB) last issued its quarterly earnings results on Tuesday, September 15th. The company reported GBX 21.60 earnings per share (EPS) for the quarter. McBride had a net margin of 3.21% and a return on equity of 28.68%. Research analysts forecast that McBride plc will post 19.2307692 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 275 target price on shares of McBride in a report on Thursday, September 10th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, McBride has a consensus rating of “Buy” and an average target price of GBX 232.50.

About McBride

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.