Canaccord Genuity restated their buy rating on shares of Hydrodec Group plc (LON:HYR) in a report issued on Friday morning. The firm currently has a GBX 7 ($0.09) price objective on the stock.

Hydrodec Group plc (LON:HYR) opened at 2.875 on Friday. The company’s market cap is GBX 21.47 million. The firm has a 50-day moving average price of GBX 3.36 and a 200 day moving average price of GBX 2.80. Hydrodec Group plc has a one year low of GBX 1.80 and a one year high of GBX 7.73.

In other news, insider Archer,Dame Mary purchased 426,839 shares of the company’s stock in a transaction on Friday, June 24th. The stock was purchased at an average price of GBX 2 ($0.03) per share, with a total value of £8,536.78 ($11,143.17).

Hydrodec Group plc Company Profile

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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