Redcentric (LON:RCN) Insider Sells £14,952,726.40 in Stock

Redcentric plc (LON:RCN) insider John Radziwill sold 9,345,454 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of GBX 160, for a total transaction of £14,952,726.40.

Redcentric Stock Up 2.6%

Shares of Redcentric stock opened at GBX 98.50 on Friday. The company has a fifty day moving average price of GBX 119.28 and a 200 day moving average price of GBX 119.81. The company has a current ratio of 1.56, a quick ratio of 0.34 and a debt-to-equity ratio of 85.17. Redcentric plc has a twelve month low of GBX 95 and a twelve month high of GBX 160. The stock has a market cap of £156.93 million, a price-to-earnings ratio of 65.67 and a beta of 0.22.

About Redcentric

Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.