Arthur James Johnson Sells 470,771 Shares of Hunting PLC (LON:HTG) Stock

Hunting PLC (LON:HTG) insider Arthur James Johnson sold 470,771 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of GBX 295 ($3.83), for a total value of £1,388,774.45 ($1,801,030.28).

Hunting Stock Up 0.6 %

Shares of LON HTG opened at GBX 291.60 ($3.78) on Thursday. The business has a 50-day moving average of GBX 327.27 and a two-hundred day moving average of GBX 338.56. The company has a market capitalization of £597.93 million, a price-to-earnings ratio of 4.86, a price-to-earnings-growth ratio of 1.06 and a beta of 1.07. Hunting PLC has a 1 year low of GBX 277 ($3.59) and a 1 year high of GBX 465.37 ($6.04). The company has a debt-to-equity ratio of 11.64, a current ratio of 2.69 and a quick ratio of 2.08.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Berenberg Bank boosted their price target on shares of Hunting from GBX 480 ($6.22) to GBX 490 ($6.35) and gave the stock a “buy” rating in a research note on Thursday, March 6th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 600 ($7.78) target price on shares of Hunting in a research note on Thursday, March 6th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 520 ($6.74).

Hunting Company Profile

Located in 11 countries across four continents, we manufacture components, technology systems and precision parts globally.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.