discoverIE Group (LON:DSCV) Stock Rating Reaffirmed by Shore Capital

discoverIE Group (LON:DSCV)‘s stock had its “hold” rating restated by equities researchers at Shore Capital in a research note issued to investors on Thursday, Digital Look reports.

discoverIE Group Trading Down 0.3 %

LON:DSCV opened at GBX 704.88 ($8.77) on Thursday. The company has a 50-day moving average price of GBX 714.77 and a 200-day moving average price of GBX 702.34. discoverIE Group has a 12 month low of GBX 586 ($7.29) and a 12 month high of GBX 958 ($11.93). The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 82.83. The stock has a market cap of £675.63 million, a price-to-earnings ratio of 3,047.83 and a beta of 1.04.

Insider Transactions at discoverIE Group

In related news, insider Bruce Thompson bought 4,000 shares of the company’s stock in a transaction dated Tuesday, March 19th. The stock was purchased at an average cost of GBX 672 ($8.37) per share, with a total value of £26,880 ($33,461.97). In related news, insider Clive Watson bought 3,693 shares of the company’s stock in a transaction dated Thursday, March 14th. The stock was purchased at an average cost of GBX 670 ($8.34) per share, with a total value of £24,743.10 ($30,801.82). Also, insider Bruce Thompson purchased 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The stock was acquired at an average price of GBX 672 ($8.37) per share, with a total value of £26,880 ($33,461.97). Corporate insiders own 4.16% of the company’s stock.

discoverIE Group Company Profile

discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates in two segments, Magnetics & Controls; and Sensing & Connectivity. The company offers magnetic and power components, embedded computing and interface controls, and sensing and connectivity components for industrial applications.