Revolymer PLC (LON:REVO) insider Mike Townend bought 29,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 13th. The shares were purchased at an average cost of GBX 34 ($0.41) per share, with a total value of £9,860 ($12,017.06).

Revolymer PLC (LON:REVO) opened at 34.50 on Tuesday. Revolymer PLC has a 52-week low of GBX 27.00 and a 52-week high of GBX 79.72. The company has a 50 day moving average price of GBX 36.27 and a 200-day moving average price of GBX 41.93. The firm’s market cap is GBX 19.97 million.

Separately, Panmure Gordon reiterated a “buy” rating and issued a GBX 70 ($0.85) price target (down previously from GBX 81 ($0.99)) on shares of Revolymer PLC in a research report on Thursday, August 18th.

Revolymer PLC Company Profile

Revolymer plc is engaged in the specialty chemicals business focused on controlled release, responsive systems and delivery systems. The Company operates in both fast moving consumer goods (FMCGs) markets, such as home care, as well as other markets, such as personal care and nicotine gum. It operates through the gum segment, which includes both confectionery and nicotine.

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