Carclo (CAR) Stock Rating Reaffirmed by Peel Hunt

Carclo (LON:CAR)‘s stock had its “buy” rating restated by equities research analysts at Peel Hunt in a research note issued to investors on Monday.

LON CAR opened at GBX 88 ($1.24) on Monday. Carclo has a fifty-two week low of GBX 62.40 ($0.88) and a fifty-two week high of GBX 180 ($2.53).

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In related news, insider Chris Malley bought 100,000 shares of the firm’s stock in a transaction on Wednesday, January 24th. The shares were purchased at an average price of GBX 84 ($1.18) per share, with a total value of £84,000 ($117,911.29).

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About Carclo

Carclo plc is engaged in the supply of fine tolerance, injection molded plastic components, mainly for medical products. The Company is also engaged in the design and supply of specialized injection molded light-emitting diode (LED)-based lighting systems to the automotive industry. The Company operates through four segments: Technical Plastics, LED Technologies, Aerospace and CIT Technology.

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