The Alumasc Group (LON:ALU) Trading Up 2.3% – Time to Buy?

The Alumasc Group plc (LON:ALU)’s share price shot up 2.3% on Wednesday . The stock traded as high as GBX 323.89 ($4.12) and last traded at GBX 317 ($4.03). 63,033 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 70,710 shares. The stock had previously closed at GBX 310 ($3.94).

The Alumasc Group Stock Performance

The firm’s 50-day moving average price is GBX 296.95 and its two-hundred day moving average price is GBX 248.77. The firm has a market capitalization of £113.96 million, a PE ratio of 1,320.83 and a beta of 0.90. The company has a quick ratio of 1.19, a current ratio of 1.66 and a debt-to-equity ratio of 58.17.

Insider Transactions at The Alumasc Group

In other The Alumasc Group news, insider Gilbert Jackson sold 5,230 shares of The Alumasc Group stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of GBX 274 ($3.48), for a total value of £14,330.20 ($18,208.64). Also, insider Michael Leaf sold 8,370 shares of The Alumasc Group stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of GBX 310 ($3.94), for a total transaction of £25,947 ($32,969.50). 47.23% of the stock is currently owned by insiders.

About The Alumasc Group

The Alumasc Group plc, together with its subsidiaries, manufactures and sells building products, systems, and solutions in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally. The company operates through Water Management, Building Envelope, and Housebuilding Products segments.