Morses Club PLC (MCL) Insider Peter Ward Acquires 125,000 Shares
Morses Club PLC (LON:MCL) insider Peter Ward purchased 125,000 shares of Morses Club PLC stock in a transaction that occurred on Friday, October 14th. The shares were bought at an average price of £130 ($158.44) per share, with a total value of £16,250,000 ($19,804,996.95).
Peter Ward also recently made the following trade(s):
- On Thursday, October 13th, Peter Ward purchased 75,000 shares of Morses Club PLC stock. The shares were bought at an average price of GBX 129 ($1.57) per share, with a total value of £96,750 ($117,915.90).
Shares of Morses Club PLC (LON:MCL) opened at 130.50 on Tuesday. The stock has a 50 day moving average price of GBX 115.38 and a 200-day moving average price of GBX 104.29. The stock’s market capitalization is GBX 169.00 million. Morses Club PLC has a 52-week low of GBX 84.00 and a 52-week high of GBX 135.28.
The firm also recently disclosed a dividend, which will be paid on Friday, November 18th. Stockholders of record on Thursday, October 20th will be issued a GBX 2.10 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, October 20th. This represents a dividend yield of 1.75%.
Several research analysts recently weighed in on MCL shares. Numis Securities Ltd cut Morses Club PLC to an “add” rating and set a GBX 130 ($1.58) price target for the company. in a research report on Thursday, September 1st. Beaufort Securities reiterated a “buy” rating on shares of Morses Club PLC in a research report on Friday, October 7th. Finally, Panmure Gordon restated a “buy” rating and issued a GBX 125 ($1.52) price objective on shares of Morses Club PLC in a research report on Thursday, October 6th.
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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