Hydrodec Group plc (HYR) Earns “Buy” Rating from Canaccord Genuity
Canaccord Genuity restated their buy rating on shares of Hydrodec Group plc (LON:HYR) in a research report report published on Friday. They currently have a GBX 7 ($0.09) price objective on the stock.
Hydrodec Group plc (LON:HYR) opened at 2.875 on Friday. Hydrodec Group plc has a 12-month low of GBX 1.80 and a 12-month high of GBX 7.73. The company’s 50 day moving average price is GBX 3.36 and its 200-day moving average price is GBX 2.80. The firm’s market capitalization is GBX 21.47 million.
In other Hydrodec Group plc news, insider Archer,Dame Mary bought 426,839 shares of the business’s stock in a transaction that occurred on Friday, June 24th. The shares were bought at an average price of GBX 2 ($0.03) per share, for a total transaction of £8,536.78 ($11,143.17).
About Hydrodec Group plc
Hydrodec Group plc is a United Kingdom-based clean-tech oil re-refining company with operations in the United States, Australia and the United Kingdom. The Company handles, treats and re-refines used oil to produce oils for re-use. The Company has two operating segments: Re-refining and Recycling. The Company’s Re-refining segment is principally engaged in the treatment of used transformer oil and the sale of SUPERFINETM oil.
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