discoverIE Group plc (LON:DSCV) Insider Acquires £27,150 in Stock

Posted by Eileen French on Mar 4th, 2025

discoverIE Group plc (LON:DSCV – Get Free Report) insider Clive Watson acquired 5,000 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were acquired at an average price of GBX 543 ($6.90) per share, for a total transaction of £27,150 ($34,502.48).

Clive Watson also recently made the following trade(s):

On Wednesday, February 12th, Clive Watson purchased 175 shares of discoverIE Group stock. The shares were bought at an average cost of GBX 608 ($7.73) per share, with a total value of £1,064 ($1,352.14).

discoverIE Group Stock Performance

Shares of LON DSCV traded down GBX 9 ($0.11) during trading on Tuesday, reaching GBX 533 ($6.77). The stock had a trading volume of 8,885,418 shares, compared to its average volume of 537,007. The company has a debt-to-equity ratio of 77.88, a quick ratio of 0.96 and a current ratio of 1.55. The stock has a market cap of £516.64 million, a PE ratio of 33.29 and a beta of 1.09. discoverIE Group plc has a one year low of GBX 530 ($6.74) and a one year high of GBX 788 ($10.01). The firm’s 50 day moving average price is GBX 635.90 and its two-hundred day moving average price is GBX 642.73.

discoverIE Group (LON:DSCV – Get Free Report) last released its earnings results on Tuesday, December 3rd. The company reported GBX 18.40 ($0.23) earnings per share for the quarter. discoverIE Group had a net margin of 3.55% and a return on equity of 5.10%. On average, research analysts forecast that discoverIE Group plc will post 37.5 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 950 ($12.07) price objective on shares of discoverIE Group in a research note on Monday, December 9th. Shore Capital reaffirmed a “hold” rating on shares of discoverIE Group in a research report on Thursday, January 30th.

Get Our Latest Stock Analysis on DSCV

About discoverIE Group

(Get Free Report)

discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial use. The Group provides application-specific components to original equipment manufacturers (“OEMs”) internationally, with a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, transportation and industrial & connectivity.

The Group employs c.4,500 people across 20 countries.