Shares of John Menzies (LON:MNZS) hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 611 ($8.13) and last traded at GBX 611 ($8.13), with a volume of 105425 shares traded. The stock had previously closed at GBX 632 ($8.41).
Several analysts have recently commented on MNZS shares. Peel Hunt reaffirmed a “buy” rating on shares of John Menzies in a research report on Friday, June 1st. Numis Securities reissued a “buy” rating on shares of John Menzies in a research report on Friday, May 18th.
In other news, insider Giles Wilson sold 10,710 shares of John Menzies stock in a transaction on Monday, March 19th. The stock was sold at an average price of GBX 650 ($8.65), for a total transaction of £69,615 ($92,684.06). Also, insider Philipp Joeinig bought 30,000 shares of the stock in a transaction dated Wednesday, March 21st. The shares were acquired at an average price of GBX 649 ($8.64) per share, for a total transaction of £194,700 ($259,219.81).
John Menzies Company Profile
John Menzies plc provides distribution and aviation services in the United Kingdom, the United States, and internationally. It operates through two segments, Distribution and Aviation. The Distribution segment offers newspaper and magazine distribution services. This segment also provides marketing and logistics services.
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