discoverIE Group plc (LON:DSCV) Insider Buys £27,150 in Stock

Posted by Chris Copeland on Mar 7th, 2025

discoverIE Group plc (LON:DSCV – Get Free Report) insider Clive Watson acquired 5,000 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was acquired at an average price of GBX 543 ($7.00) per share, with a total value of £27,150 ($34,987.11).

Clive Watson also recently made the following trade(s):

On Wednesday, February 12th, Clive Watson bought 175 shares of discoverIE Group stock. The shares were bought at an average price of GBX 608 ($7.84) per share, for a total transaction of £1,064 ($1,371.13).

discoverIE Group Stock Performance

Shares of DSCV stock opened at GBX 544 ($7.01) on Friday. The stock has a fifty day moving average price of GBX 628.94 and a 200 day moving average price of GBX 641.49. The company has a debt-to-equity ratio of 77.88, a quick ratio of 0.96 and a current ratio of 1.55. The stock has a market cap of £527.30 million, a PE ratio of 33.98 and a beta of 1.09. discoverIE Group plc has a 1 year low of GBX 527 ($6.79) and a 1 year high of GBX 788 ($10.15).

discoverIE Group (LON:DSCV – Get Free Report) last announced its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 18.40 ($0.24) earnings per share for the quarter. discoverIE Group had a return on equity of 5.10% and a net margin of 3.55%. Sell-side analysts forecast that discoverIE Group plc will post 37.5 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 950 ($12.24) price target on shares of discoverIE Group in a report on Monday, December 9th. Shore Capital reaffirmed a “hold” rating on shares of discoverIE Group in a report on Thursday, January 30th.

Check Out Our Latest Research Report on discoverIE Group

About discoverIE Group

(Get Free Report)

discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial use. The Group provides application-specific components to original equipment manufacturers (“OEMs”) internationally, with a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, transportation and industrial & connectivity.

The Group employs c.4,500 people across 20 countries.