Hunting PLC (LON:HTG) Insider Sells £1,388,774.45 in Stock

Hunting PLC (LON:HTG) insider Arthur James Johnson sold 470,771 shares of Hunting stock in a transaction on Monday, March 10th. The stock was sold at an average price of GBX 295 ($3.83), for a total transaction of £1,388,774.45 ($1,801,030.28).

Hunting Trading Up 0.6 %

Shares of Hunting stock opened at GBX 291.60 ($3.78) on Thursday. The company’s fifty day moving average is GBX 327.27 and its two-hundred day moving average is GBX 338.56. Hunting PLC has a 1 year low of GBX 277 ($3.59) and a 1 year high of GBX 465.37 ($6.04). The company has a debt-to-equity ratio of 11.64, a quick ratio of 2.08 and a current ratio of 2.69. The company has a market capitalization of £597.93 million, a P/E ratio of 4.86, a PEG ratio of 1.06 and a beta of 1.07.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 600 ($7.78) price objective on shares of Hunting in a report on Thursday, March 6th. Berenberg Bank raised their price target on Hunting from GBX 480 ($6.22) to GBX 490 ($6.35) and gave the stock a “buy” rating in a research note on Thursday, March 6th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Hunting has a consensus rating of “Buy” and an average price target of GBX 520 ($6.74).

About Hunting

Located in 11 countries across four continents, we manufacture components, technology systems and precision parts globally.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.