Paula Harris Acquires 3,300 Shares of Hunting PLC (LON:HTG) Stock

Hunting PLC (LON:HTG) insider Paula Harris acquired 3,300 shares of the business’s stock in a transaction dated Friday, November 29th. The stock was purchased at an average cost of GBX 304 ($3.85) per share, for a total transaction of £10,032 ($12,711.61).

Hunting Stock Performance

Shares of HTG opened at GBX 313 ($3.97) on Wednesday. The company has a debt-to-equity ratio of 11.60, a quick ratio of 2.08 and a current ratio of 2.69. The stock has a 50-day moving average of GBX 332.96 and a two-hundred day moving average of GBX 390.72. The stock has a market cap of £495.64 million, a P/E ratio of 523.33, a P/E/G ratio of 1.06 and a beta of 1.07. Hunting PLC has a one year low of GBX 247 ($3.13) and a one year high of GBX 465.37 ($5.90).

Analyst Ratings Changes

Several equities analysts have issued reports on HTG shares. Berenberg Bank cut their price target on shares of Hunting from GBX 520 ($6.59) to GBX 460 ($5.83) and set a “buy” rating on the stock in a report on Tuesday, October 22nd. Canaccord Genuity Group restated a “buy” rating and set a GBX 600 ($7.60) price target on shares of Hunting in a research note on Thursday, August 29th.

About Hunting

Hunting PLC, together with its subsidiaries, manufactures components, technology systems, and precision parts worldwide. It operates in five segments: Hunting Titan; North America; Subsea Technologies; EMEA; and Asia Pacific. The company designs and manufactures perforating systems, energetics, instrumentation, and associated hardware; connection technology and OCTG; subsea technologies; supplies highly engineered tubular components, hollow rotating shafts, very accurate deep hole drilling, plus complex turned, and milled profiles; well intervention equipment; and well test and process systems.