Castings PLC (LON:CGS) insider Brian J. Cooke purchased 3,000 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The shares were purchased at an average price of GBX 425 ($5.59) per share, for a total transaction of £12,750 ($16,769.70).
Castings PLC (LON CGS) opened at GBX 444 ($5.84) on Friday. Castings PLC has a fifty-two week low of GBX 388.10 ($5.10) and a fifty-two week high of GBX 490 ($6.44).
The company also recently declared a dividend, which will be paid on Tuesday, January 2nd. Investors of record on Thursday, November 23rd will be issued a dividend of GBX 3.38 ($0.04) per share. The ex-dividend date is Thursday, November 23rd. This represents a yield of 0.76%.
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Separately, Peel Hunt downgraded shares of Castings PLC to a “hold” rating and set a GBX 460 ($6.05) price target on the stock. in a report on Tuesday, October 31st.
About Castings PLC
Castings P.L.C. is an iron casting and machining company. The Company caters to both domestic and export markets. Its segments include Foundry operations and Machining. The Company has over three trading operations, including Castings (Brownhills), William Lee Limited and CNC Speedwell Limited. Castings (Brownhills) supplies spheroidal graphite (SG) iron castings to a range of manufacturing industries from its mechanized foundries.
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