Stelrad Group (LON:SRAD) Insider Sells £95,550 in Stock

Stelrad Group PLC (LON:SRAD) insider Robert Ellis sold 65,000 shares of Stelrad Group stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of GBX 147, for a total value of £95,550.

Robert Ellis also recently made the following trade(s):

• On Friday, September 18th, Robert Ellis sold 45,091 shares of Stelrad Group stock. The shares were sold at an average price of GBX 145, for a total transaction of £65,381.95.
• On Thursday, September 3rd, Robert Ellis sold 166,734 shares of Stelrad Group stock. The shares were sold at an average price of GBX 146, for a total transaction of £243,431.64.

Stelrad Group Trading Down 3.4%

Shares of SRAD opened at GBX 140 on Thursday. The company’s fifty day simple moving average is GBX 148.50 and its 200-day simple moving average is GBX 143.33. The company has a market cap of £178.29 million, a P/E ratio of 13.78 and a beta of 0.40. The company has a current ratio of 1.98, a quick ratio of 0.76 and a debt-to-equity ratio of 148.26. Stelrad Group PLC has a twelve month low of GBX 115.88 and a twelve month high of GBX 174.

Stelrad Group (LON:SRAD) last released its quarterly earnings results on Friday, August 7th. The company reported GBX 7.43 EPS for the quarter. Stelrad Group had a net margin of 4.85% and a return on equity of 23.96%. As a group, analysts expect that Stelrad Group PLC will post 14.9369544 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 190 price target on shares of Stelrad Group in a research note on Friday, August 7th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Stelrad Group currently has an average rating of “Buy” and a consensus price target of GBX 190.

Stelrad Group Company Profile

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.