Stelrad Group (LON:SRAD) Insider Sells £541,103.75 in Stock

Stelrad Group PLC (LON:SRAD) insider Robert Ellis sold 373,175 shares of the stock in a transaction that occurred on Thursday, October 22nd. The shares were sold at an average price of GBX 145, for a total transaction of £541,103.75.

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

• On Friday, October 2nd, Robert Ellis sold 65,000 shares of Stelrad Group stock. The shares were sold at an average price of GBX 147, for a total transaction of £95,550.
• 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 stock was sold at an average price of GBX 146, for a total transaction of £243,431.64.

Stelrad Group Price Performance

SRAD stock opened at GBX 148 on Monday. The company has a debt-to-equity ratio of 148.26, a quick ratio of 0.76 and a current ratio of 1.98. Stelrad Group PLC has a one year low of GBX 115.88 and a one year high of GBX 174. The company’s fifty day moving average price is GBX 146.18 and its 200-day moving average price is GBX 145.23. The company has a market capitalization of £188.48 million, a PE ratio of 14.57 and a beta of 0.41.

Stelrad Group (LON:SRAD) last issued its earnings results on Friday, August 7th. The company reported GBX 7.43 earnings per share (EPS) for the quarter. Stelrad Group had a net margin of 4.85% and a return on equity of 23.96%. On average, equities analysts anticipate that Stelrad Group PLC will post 14.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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