Accrol Group (ACRL) Shares Up 12.9%
Accrol Group Holdings PLC (LON:ACRL) shot up 12.9% during trading on Thursday . The stock traded as high as GBX 24.63 ($0.32) and last traded at GBX 24 ($0.31). 242,440 shares traded hands during trading, an increase of 34% from the average session volume of 181,292 shares. The stock had previously closed at GBX 21.25 ($0.28).
The company has a current ratio of 1.45, a quick ratio of 0.86 and a debt-to-equity ratio of 47.86. The stock has a market capitalization of $46.86 million and a P/E ratio of -1.59.
In other Accrol Group news, insider Dan Wright purchased 150,000 shares of the stock in a transaction dated Monday, February 11th. The stock was bought at an average price of GBX 21 ($0.27) per share, for a total transaction of £31,500 ($41,160.33). In the last quarter, insiders have bought 650,000 shares of company stock valued at $11,750,000.
Accrol Group Holdings Plc engages in soft tissue paper converting business in the United Kingdom and Europe. It manufactures toilet papers, kitchen towels, and facial tissues, as well as away-from-home (AFH) paper products, such as centrefold towels, dispensers, hand towels, hygiene/couch rolls, industrial wipers, multi-flat toilet tissues, napkins, and system rolls to mainly discounters and grocery retailers, as well as various AFH customers.
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