Peter Ward Acquires 75,000 Shares of Morses Club PLC (MCL) Stock
Morses Club PLC (LON:MCL) insider Peter Ward acquired 75,000 shares of the company’s stock in a transaction on Thursday, October 13th. The stock was purchased at an average cost of GBX 129 ($1.60) per share, for a total transaction of £96,750 ($119,740.10).
Shares of Morses Club PLC (LON:MCL) traded up 2.4886% on Friday, hitting GBX 135.2849. 339,407 shares of the stock traded hands. The firm’s 50-day moving average is GBX 114.34 and its 200 day moving average is GBX 103.82. The firm’s market cap is GBX 175.19 million. Morses Club PLC has a 12-month low of GBX 84.00 and a 12-month high of GBX 135.28.
The firm also recently declared a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 20th will be given a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 20th. This represents a yield of 1.75%.
MCL has been the topic of a number of recent analyst reports. Panmure Gordon reissued a “buy” rating and issued a GBX 125 ($1.55) price objective on shares of Morses Club PLC in a research report on Thursday, October 6th. Beaufort Securities reissued a “buy” rating on shares of Morses Club PLC in a research report on Friday, October 7th. Finally, Numis Securities Ltd initiated coverage on shares of Morses Club PLC in a research report on Tuesday, July 5th. They issued a “buy” rating and a GBX 118 ($1.46) price objective on the stock.
Morses Club PLC Company Profile
Morses Club PLC is a United Kingdom-based non-standard consumer finance company. The Company is focused on the home collected credit market. The Company markets a range of loan products through a combination of traditional and online marketing channels. The Company is focused on the home collected credit market.
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