discoverIE Group’s (DSCV) Hold Rating Reiterated at Shore Capital

Shore Capital reaffirmed their hold rating on shares of discoverIE Group (LON:DSCV) in a report issued on Thursday, Marketbeat.com reports.

discoverIE Group Stock Down 0.6 %

Shares of LON:DSCV opened at GBX 687 ($8.55) on Thursday. The company has a market capitalization of £658.49 million, a PE ratio of 2,986.96 and a beta of 1.04. The company has a debt-to-equity ratio of 82.83, a current ratio of 1.50 and a quick ratio of 0.96. The business has a fifty day moving average price of GBX 713.03 and a two-hundred day moving average price of GBX 703.13. discoverIE Group has a 1 year low of GBX 586 ($7.29) and a 1 year high of GBX 958 ($11.93).

Insider Buying and Selling at discoverIE Group

In other discoverIE Group news, insider Bruce Thompson acquired 4,000 shares of discoverIE Group stock in a transaction on Tuesday, March 19th. The stock was purchased at an average price of GBX 672 ($8.37) per share, for a total transaction of £26,880 ($33,461.97). In other news, insider Clive Watson purchased 3,693 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was bought at an average price of GBX 670 ($8.34) per share, for a total transaction of £24,743.10 ($30,801.82). Also, insider Bruce Thompson purchased 4,000 shares of the business’s stock in a transaction dated Tuesday, March 19th. The shares were purchased at an average price of GBX 672 ($8.37) per share, with a total value of £26,880 ($33,461.97). Corporate insiders own 4.16% of the company’s stock.

discoverIE Group Company Profile

discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates in two segments, Magnetics & Controls; and Sensing & Connectivity. The company offers magnetic and power components, embedded computing and interface controls, and sensing and connectivity components for industrial applications.