Insider Buying: Hunting PLC (LON:HTG) Insider Purchases 3,300 Shares of Stock

Hunting PLC (LON:HTG) insider Paula Harris bought 3,300 shares of the stock in a transaction dated Friday, November 29th. The shares were purchased at an average cost of GBX 304 ($3.86) per share, for a total transaction of £10,032 ($12,742.28).

Hunting Stock Up 1.2 %

Shares of LON:HTG opened at GBX 306.50 ($3.89) on Monday. The business has a 50-day moving average price of GBX 334.81 and a 200 day moving average price of GBX 391.02. Hunting PLC has a 12-month low of GBX 247 ($3.14) and a 12-month high of GBX 465.37 ($5.91). The company has a current ratio of 2.69, a quick ratio of 2.08 and a debt-to-equity ratio of 11.60. The company has a market capitalization of £485.34 million, a price-to-earnings ratio of 505.00, a PEG ratio of 1.06 and a beta of 1.07.

Analyst Upgrades and Downgrades

HTG has been the subject of several research analyst reports. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 600 ($7.62) target price on shares of Hunting in a research note on Thursday, August 29th. Berenberg Bank reduced their price objective on shares of Hunting from GBX 520 ($6.60) to GBX 460 ($5.84) and set a “buy” rating for the company in a research report on Tuesday, October 22nd.

Hunting Company Profile

Hunting PLC, together with its subsidiaries, manufactures components, technology systems, and precision parts worldwide. It operates in five segments: Hunting Titan; North America; Subsea Technologies; EMEA; and Asia Pacific. The company designs and manufactures perforating systems, energetics, instrumentation, and associated hardware; connection technology and OCTG; subsea technologies; supplies highly engineered tubular components, hollow rotating shafts, very accurate deep hole drilling, plus complex turned, and milled profiles; well intervention equipment; and well test and process systems.