Cineworld Group plc (LON:CINE) insider Anthony Herbert Bloom acquired 839,704 shares of the business’s stock in a transaction dated Sunday, March 22nd. The stock was acquired at an average price of GBX 28 ($0.37) per share, for a total transaction of £235,117.12 ($309,283.24).

Shares of LON CINE opened at GBX 57.50 ($0.76) on Friday. The company’s fifty day moving average price is GBX 127.16 and its 200 day moving average price is GBX 192.31. Cineworld Group plc has a 1 year low of GBX 18.29 ($0.24) and a 1 year high of GBX 322.30 ($4.24). The company has a market capitalization of $787.69 million and a PE ratio of 4.39. The company has a debt-to-equity ratio of 266.09, a quick ratio of 0.27 and a current ratio of 0.30.

The company also recently declared a dividend, which will be paid on Friday, May 1st. Investors of record on Thursday, April 9th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, April 9th. This is an increase from Cineworld Group’s previous dividend of $0.04. This represents a yield of 5.03%. Cineworld Group’s dividend payout ratio is 1.53%.

Several research analysts recently issued reports on the stock. Morgan Stanley raised shares of Cineworld Group to an “equal weight” rating in a report on Thursday, February 13th. Goldman Sachs Group cut their price target on Cineworld Group from GBX 295 ($3.88) to GBX 280 ($3.68) and set a “buy” rating on the stock in a research report on Wednesday, December 4th. Peel Hunt reiterated a “buy” rating and set a GBX 300 ($3.95) price objective on shares of Cineworld Group in a research note on Wednesday, January 8th. Citigroup cut Cineworld Group to a “neutral” rating in a report on Friday, March 6th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 200 ($2.63) price objective (down previously from GBX 300 ($3.95)) on shares of Cineworld Group in a report on Wednesday, March 11th. Four investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of GBX 299.23 ($3.94).

Cineworld Group Company Profile

Cineworld Group plc engages in the cinema business. It is also involved in cinema property leasing and screen advertising activities, as well as ticket booking, film distribution, finance, and software development operations. The company operates its cinema sites under the Cineworld Cinemas, Picturehouse, Cinema City, Yes Planet, and Rav-Chen brands.

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Insider Buying and Selling by Quarter for Cineworld Group (LON:CINE)

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