Rotork (LON:ROR) Insider Purchases £150.45 in Stock

Rotork plc (LON:ROR) insider Kiet Huynh bought 51 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The stock was purchased at an average cost of GBX 295 per share, for a total transaction of £150.45.

Kiet Huynh also recently made the following trade(s):

• On Wednesday, June 10th, Kiet Huynh purchased 49 shares of Rotork stock. The shares were purchased at an average cost of GBX 303 per share, with a total value of £148.47.
• On Monday, May 11th, Kiet Huynh purchased 49 shares of Rotork stock. The stock was purchased at an average cost of £150.05 per share, for a total transaction of £7,352.45.

Rotork Trading Down 2.2%

Shares of ROR stock traded down GBX 6.40 during mid-day trading on Monday, reaching GBX 290.20. The stock had a trading volume of 1,228,929 shares, compared to its average volume of 18,415,676. The firm has a market capitalization of £2.36 billion, a PE ratio of 21.18, a price-to-earnings-growth ratio of 2.48 and a beta of 0.98. The stock’s 50-day moving average price is GBX 305.09 and its two-hundred day moving average price is GBX 328.75. The company has a current ratio of 2.50, a quick ratio of 2.16 and a debt-to-equity ratio of 7.69. Rotork plc has a 52-week low of GBX 287.40 and a 52-week high of GBX 393.60.

Analysts Set New Price Targets

A number of research analysts have recently commented on ROR shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 400 target price on shares of Rotork in a research note on Tuesday, May 5th. Shore Capital Group upgraded shares of Rotork to a “hold” rating in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. upped their price target on Rotork from GBX 390 to GBX 405 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Rotork presently has a consensus rating of “Moderate Buy” and an average target price of GBX 405.

About Rotork

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.