Alumasc Group plc (ALU) Receives Buy Rating from Peel Hunt
Separately, FinnCap restated a buy rating and set a GBX 225 ($2.74) price target on shares of Alumasc Group plc in a research note on Thursday, September 1st.
Alumasc Group plc (LON:ALU) opened at 149.90 on Tuesday. The company’s market capitalization is GBX 53.23 million. Alumasc Group plc has a 52-week low of GBX 115.00 and a 52-week high of GBX 219.67. The company has a 50 day moving average of GBX 161.69 and a 200 day moving average of GBX 149.83.
The business also recently disclosed a dividend, which will be paid on Tuesday, November 1st. Stockholders of record on Thursday, October 6th will be given a dividend of GBX 3.80 ($0.05) per share. This is a boost from Alumasc Group plc’s previous dividend of $2.70. This represents a dividend yield of 2.2%. The ex-dividend date is Thursday, October 6th.
In other news, insider Magson,Andrew sold 8,793 shares of Alumasc Group plc stock in a transaction dated Wednesday, September 7th. The stock was sold at an average price of GBX 173 ($2.11), for a total transaction of £15,211.89 ($18,539.78).
About Alumasc Group plc
The Alumasc Group plc is a premium building products, systems and solutions group. The principal activities of the Company are the design, manufacture and marketing of products for the building and construction industries, and the manufacture of components for a range of industrial markets. Its segments include Energy management, and Water management & House Building products.
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