De La Rue plc (DLAR) Insider Jitesh Himatlal Sodha Buys 2,755 Shares
De La Rue plc (LON:DLAR) insider Jitesh Himatlal Sodha bought 2,755 shares of the firm’s stock in a transaction on Tuesday, November 22nd. The shares were bought at an average cost of GBX 586 ($7.32) per share, with a total value of £16,144.30 ($20,170.29).
De La Rue plc (LON:DLAR) traded down 2.21% during midday trading on Wednesday, hitting GBX 552.50. 64,191 shares of the company traded hands. De La Rue plc has a 12-month low of GBX 395.50 and a 12-month high of GBX 647.00. The firm’s market capitalization is GBX 560.00 million. The stock’s 50-day moving average is GBX 586.85 and its 200-day moving average is GBX 574.67.
The company also recently announced a dividend, which will be paid on Wednesday, January 11th. Shareholders of record on Thursday, December 8th will be paid a GBX 8.30 ($0.10) dividend. This represents a yield of 1.47%. The ex-dividend date of this dividend is Thursday, December 8th.
Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 670 ($8.37) price objective on shares of De La Rue plc in a research note on Wednesday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. De La Rue plc has a consensus rating of “Buy” and an average price target of GBX 598.25 ($7.47).
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De La Rue plc Company Profile
De La Rue plc designs, manufactures and delivers banknotes to customers across the world. The Company’s segments include Currency, Identity Solutions, and Product Authentication and Traceability. The Currency segment provides printed banknotes, banknote paper and polymer substrates and banknote security components.
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