Hunting (LON:HTG) Stock: Insider Stuart Brightman Buys 45,000 Shares

Hunting PLC (LON:HTG) insider Stuart Brightman purchased 45,000 shares of Hunting stock in a transaction on Tuesday, November 3rd. The shares were acquired at an average cost of GBX 377 per share, for a total transaction of £169,650.

Hunting Trading Down 1.1%

LON:HTG traded down GBX 4 during mid-day trading on Wednesday, reaching GBX 374. The company’s stock had a trading volume of 399,299 shares, compared to its average volume of 2,988,352. Hunting PLC has a twelve month low of GBX 342.50 and a twelve month high of GBX 553. The company has a debt-to-equity ratio of 16.50, a current ratio of 3.15 and a quick ratio of 2.08. The company’s fifty day simple moving average is GBX 397.28 and its two-hundred day simple moving average is GBX 456.20. The stock has a market cap of £542.24 million, a P/E ratio of 13.60, a P/E/G ratio of 1.06 and a beta of 0.69.

Analyst Ratings Changes

Several equities research analysts have issued reports on HTG shares. Jefferies Financial Group reiterated a “hold” rating and set a GBX 470 price objective on shares of Hunting in a research note on Thursday, October 29th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 470 target price on shares of Hunting in a report on Thursday, October 29th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 600 target price on shares of Hunting in a research report on Wednesday, October 28th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 510.

Hunting Company Profile

Hunting is a global precision engineering group, which provides quality-assured products and services for the energy, aviation, commercial space, defence, medical, and power generation sectors.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.