Evraz (LON:EVR) Insider Alexander Abramov Sells 7,140 Shares

Evraz (LON:EVR) insider Alexander Abramov sold 7,140 shares of the business’s stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of GBX 442 ($6.20), for a total value of £31,558.80 ($44,299.27).

Shares of LON:EVR traded up GBX 0.10 ($0.00) during trading on Friday, hitting GBX 450.50 ($6.32). 4,858,958 shares of the company were exchanged, compared to its average volume of 3,580,000. Evraz has a 52-week low of GBX 169.80 ($2.38) and a 52-week high of GBX 462.60 ($6.49).

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The business also recently announced a dividend, which was paid on Thursday, March 29th. Shareholders of record on Thursday, March 8th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, March 8th. This represents a dividend yield of 4.87%.

EVR has been the topic of several research analyst reports. Jefferies Group upgraded Evraz to a “hold” rating and upped their price objective for the company from GBX 275 ($3.86) to GBX 425 ($5.97) in a research note on Friday, March 2nd. Goldman Sachs upgraded Evraz to a “buy” rating and upped their price objective for the company from GBX 300 ($4.21) to GBX 430 ($6.04) in a research note on Monday, February 12th.

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Evraz Company Profile

EVRAZ plc, together with its subsidiaries, produces and distributes steel and related products. The company operates through four segments: Steel; Steel, North America; Coal; and Other Operations. Its products include construction products, industrial products, railway products, vanadium products, and pipes, as well as raw materials, such as iron ore, coal, and limestone products.

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