CareTech (CTH) Stock Rating Reaffirmed by Liberum Capital

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Liberum Capital restated their buy rating on shares of CareTech (LON:CTH) in a research note issued to investors on Tuesday, October 16th.

CareTech stock traded down GBX 7 ($0.09) during midday trading on Tuesday, hitting GBX 382 ($4.99). 50,865 shares of the company were exchanged, compared to its average volume of 57,192. CareTech has a fifty-two week low of GBX 339 ($4.43) and a fifty-two week high of GBX 461 ($6.02).

In other CareTech news, insider James Stuart Cumming bought 5,000 shares of the business’s stock in a transaction on Friday, November 2nd. The shares were bought at an average cost of GBX 405 ($5.29) per share, with a total value of £20,250 ($26,460.21). Also, insider Karl Upton Monaghan bought 6,700 shares of the business’s stock in a transaction on Monday, October 29th. The stock was acquired at an average cost of GBX 369 ($4.82) per share, for a total transaction of £24,723 ($32,304.98). Insiders have purchased a total of 12,011 shares of company stock worth $4,620,767 over the last three months.

About CareTech

CareTech Holdings PLC and its subsidiaries provide social care and support services for children, young people, and adults in the United Kingdom. The company operates through two segments, Adult Services and Children Services. The Adult services segment provides individual tailor made solutions for people living in their own homes, residential care, or independent supported living schemes.

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