RS Group plc (LON:RS1 – Get Free Report) insider Kate Ringrose bought 6,880 shares of the firm’s stock in a transaction dated Tuesday, March 25th. The shares were bought at an average price of GBX 578 ($7.48) per share, with a total value of £39,766.40 ($51,484.21).
RS Group Stock Up 1.0 %
Shares of RS Group stock traded up GBX 6 ($0.08) on Wednesday, hitting GBX 583 ($7.55). The company had a trading volume of 400,495 shares, compared to its average volume of 2,573,441. The stock has a 50-day moving average of GBX 634.86 and a 200-day moving average of GBX 695.88. The company has a debt-to-equity ratio of 47.26, a current ratio of 2.01 and a quick ratio of 1.24. RS Group plc has a twelve month low of GBX 575 ($7.44) and a twelve month high of GBX 850 ($11.00). The firm has a market capitalization of £2.75 billion, a P/E ratio of 15.07, a P/E/G ratio of 1.85 and a beta of 0.86.
Wall Street Analyst Weigh In
Several research firms recently weighed in on RS1. Berenberg Bank reissued a “hold” rating and set a GBX 840 ($10.88) price objective on shares of RS Group in a research note on Friday, November 29th. JPMorgan Chase & Co. boosted their price target on shares of RS Group from GBX 770 ($9.97) to GBX 780 ($10.10) and gave the company a “neutral” rating in a report on Thursday, December 5th. Finally, Shore Capital upgraded shares of RS Group to a “buy” rating in a research report on Tuesday, January 28th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, RS Group has an average rating of “Moderate Buy” and an average price target of GBX 840 ($10.88).
About RS Group
RS Group plc is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably.
We operate in 36 markets, stock over 800,000 technical and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers.
Featured Stories
- Five stocks we like better than RS Group
- High Flyers: 3 Natural Gas Stocks for March 2022
- Palantir Setting Up to Be a Big Winner With New Defense Spending
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Advanced Micro Devices Can Double in Price: Here’s Why
- How to Invest in Small Cap Stocks
- How Disney’s Experiences Segment Can Restore the House of Mouse
Receive News & Ratings for RS Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RS Group and related companies with MarketBeat.com's FREE daily email newsletter.
