Insider Buying: Rotork (LON:ROR) Insider Purchases £152.83 in Stock

Rotork plc (LON:ROR) insider Kiet Huynh acquired 31 shares of the company’s stock in a transaction that occurred on Tuesday, November 10th. The shares were acquired at an average price of GBX 493 per share, for a total transaction of £152.83.

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

• On Monday, October 12th, Kiet Huynh bought 30 shares of Rotork stock. The stock was acquired at an average cost of GBX 491 per share, for a total transaction of £147.30.
• On Thursday, September 10th, Kiet Huynh bought 5 shares of Rotork stock. The stock was bought at an average price of GBX 3,100 per share, with a total value of £155.

Rotork Stock Performance

Shares of ROR stock opened at GBX 493.40 on Friday. The company has a market cap of £4.02 billion, a P/E ratio of 33.34, a PEG ratio of 2.48 and a beta of 1.06. The business has a 50 day moving average of GBX 489.62 and a two-hundred day moving average of GBX 395.83. Rotork plc has a 52 week low of GBX 286.40 and a 52 week high of GBX 495. The company has a quick ratio of 2.16, a current ratio of 2.54 and a debt-to-equity ratio of 8.01.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ROR. Royal Bank Of Canada lowered Rotork to a “sector perform” rating and boosted their price objective for the company from GBX 400 to GBX 503 in a research report on Wednesday, August 5th. Peel Hunt restated a “hold” rating and set a GBX 503 price objective on shares of Rotork in a research note on Tuesday, August 4th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of GBX 433.50.

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.