Jemima Bird Purchases 7,500 Shares of Revolution Bars Group PLC (RBG) Stock
Revolution Bars Group PLC (LON:RBG) insider Jemima Bird purchased 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, April 9th. The stock was bought at an average cost of GBX 71 ($0.93) per share, with a total value of £5,325 ($6,958.06).
Shares of LON RBG traded up GBX 0.38 ($0.00) on Tuesday, reaching GBX 71.38 ($0.93). 78,538 shares of the company traded hands, compared to its average volume of 123,128. The company has a market cap of $35.52 million and a P/E ratio of -14.28. Revolution Bars Group PLC has a fifty-two week low of GBX 60.60 ($0.79) and a fifty-two week high of GBX 157 ($2.05). The company has a debt-to-equity ratio of 78.47, a current ratio of 0.76 and a quick ratio of 0.56.
Several research analysts have recently weighed in on the company. Peel Hunt cut Revolution Bars Group to a “hold” rating and lowered their target price for the stock from GBX 150 ($1.96) to GBX 120 ($1.57) in a report on Monday, January 14th. FinnCap downgraded Revolution Bars Group to a “corporate” rating and dropped their price target for the stock from GBX 210 ($2.74) to GBX 120 ($1.57) in a research note on Friday, March 1st.
Revolution Bars Group Company Profile
Revolution Bars Group plc operates premium bars located in towns or city high streets across the United Kingdom. Its bars offer food and drinks. The company operates 76 bars, including 59 bars under the Revolution and 17 under the Revolución de Cuba brand names. Revolution Bars Group plc was founded in 1991 and is headquartered in Ashton-Under-Lyne, the United Kingdom.
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