Arcontech Group plc (LON:ARC) Insider Purchases £60,000 in Stock

Arcontech Group plc (LON:ARC) insider Matthew Jeffs acquired 50,000 shares of the stock in a transaction dated Thursday, November 7th. The stock was acquired at an average price of GBX 120 ($1.54) per share, for a total transaction of £60,000 ($77,210.14).

Arcontech Group Stock Down 4.1 %

Shares of ARC opened at GBX 118 ($1.52) on Wednesday. The business’s 50 day moving average is GBX 116.38 and its 200 day moving average is GBX 104.14. The company has a current ratio of 4.36, a quick ratio of 3.54 and a debt-to-equity ratio of 6.50. Arcontech Group plc has a 12-month low of GBX 83.25 ($1.07) and a 12-month high of GBX 134.90 ($1.74). The company has a market capitalization of £15.78 million, a PE ratio of 1,537.50 and a beta of 0.46.

Arcontech Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 1st. Stockholders of record on Thursday, October 3rd were given a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a dividend yield of 3.83%. This is a boost from Arcontech Group’s previous dividend of $3.50. Arcontech Group’s dividend payout ratio (DPR) is presently 5,000.00%.

Arcontech Group Company Profile

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.