Stelrad Group (LON:SRAD) Insider Katherine Innes Ker Acquires 3,750 Shares

Stelrad Group PLC (LON:SRAD) insider Katherine Innes Ker acquired 3,750 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was purchased at an average cost of GBX 152 per share, for a total transaction of £5,700.

Stelrad Group Stock Performance

LON:SRAD traded down GBX 3 during mid-day trading on Friday, hitting GBX 150. The stock had a trading volume of 138,200 shares, compared to its average volume of 119,578. The company has a current ratio of 1.78, a quick ratio of 0.76 and a debt-to-equity ratio of 144.23. The company has a 50 day simple moving average of GBX 138.95 and a 200-day simple moving average of GBX 137. The stock has a market capitalization of £191.03 million, a price-to-earnings ratio of 227.27 and a beta of 0.41. Stelrad Group PLC has a 52 week low of GBX 115.88 and a 52 week high of GBX 180.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 190 price target on shares of Stelrad Group in a report on Wednesday, May 20th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Stelrad Group presently has an average rating of “Buy” and a consensus price target of GBX 190.

About Stelrad Group

Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators.