Rotork p.l.c. (LON:ROR) insider Kevin Hostetler acquired 49 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The shares were bought at an average cost of GBX 306 ($4.03) per share, for a total transaction of £149.94 ($197.24).
Rotork stock traded down GBX 2 ($0.03) during mid-day trading on Friday, reaching GBX 306.50 ($4.03). 659,452 shares of the company were exchanged, compared to its average volume of 3,300,000. The business has a fifty day moving average of GBX 320.74 and a 200 day moving average of GBX 316.46. The company has a debt-to-equity ratio of 6.45, a quick ratio of 1.56 and a current ratio of 2.13. The firm has a market cap of $2.68 billion and a P/E ratio of 29.47. Rotork p.l.c. has a 12-month low of GBX 268.50 ($3.53) and a 12-month high of GBX 344.70 ($4.53).
A number of analysts recently issued reports on the company. Credit Suisse Group reissued an “underperform” rating on shares of Rotork in a report on Thursday, October 17th. Deutsche Bank boosted their price target on Rotork from GBX 320 ($4.21) to GBX 330 ($4.34) and gave the company a “hold” rating in a report on Monday, January 20th. Peel Hunt reiterated a “buy” rating on shares of Rotork in a report on Thursday. Royal Bank of Canada lowered Rotork to a “sector performer” rating in a report on Friday, January 17th. Finally, HSBC lowered Rotork to a “hold” rating and lowered their price target for the company from GBX 340 ($4.47) to GBX 330 ($4.34) in a report on Tuesday, December 10th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 326.42 ($4.29).
Rotork plc designs, manufactures, and markets actuators and flow control products worldwide. It operates through four segments: Controls, Fluid Systems, Gears, and Instruments. The company offers electric actuators and control systems, including intelligent multi-turn and part-turn valve actuators, part-turn/rotary and linear control valve actuators, heavy-duty part-turn/rotary and linear valve actuators, small part-turn/rotary valve actuators, and network control systems, as well as explosion proof actuators, sensors, switches, and controls.
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