Insider Buying: Rotork (LON:ROR) Insider Buys 31 Shares of Company Stock

Rotork plc (LON:ROR) insider Kiet Huynh purchased 31 shares of the company’s stock in a transaction that occurred on Tuesday, November 10th. The shares were acquired at an average price of GBX 493 per share, for a total transaction of £152.83.

Kiet Huynh also recently made the following trade(s):

• On Monday, October 12th, Kiet Huynh bought 30 shares of Rotork stock. The shares were bought at an average cost of GBX 491 per share, with a total value of £147.30.
• On Thursday, September 10th, Kiet Huynh purchased 5 shares of Rotork stock. The shares were purchased at an average price of GBX 3,100 per share, with a total value of £155.

Rotork Price Performance

Shares of ROR remained flat at GBX 493.20 during trading hours on Wednesday. 16,259,177 shares of the stock traded hands, compared to its average volume of 13,975,403. The company has a market cap of £4.02 billion, a P/E ratio of 33.32, a price-to-earnings-growth ratio of 2.48 and a beta of 1.06. The company has a 50-day moving average price of GBX 489.10 and a 200 day moving average price of GBX 393.67. Rotork plc has a 52-week low of GBX 286.40 and a 52-week high of GBX 495. The company has a current ratio of 2.54, a quick ratio of 2.16 and a debt-to-equity ratio of 8.01.

Wall Street Analysts Forecast Growth

ROR has been the topic of a number of research analyst reports. Peel Hunt restated a “hold” rating and issued a GBX 503 target price on shares of Rotork in a research note on Tuesday, August 4th. Royal Bank Of Canada cut shares of Rotork to a “sector perform” rating and increased their price target for the company from GBX 400 to GBX 503 in a research report on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 433.50.

About Rotork

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.