CareTech’s (CTH) “Buy” Rating Reaffirmed at Liberum Capital
Shares of LON:CTH traded up GBX 6 ($0.08) on Thursday, hitting GBX 348 ($4.55). 70,050 shares of the company were exchanged, compared to its average volume of 57,192. CareTech has a one year low of GBX 339 ($4.43) and a one year high of GBX 461 ($6.02).
In other CareTech news, insider Karl Upton Monaghan bought 311 shares of the stock in a transaction that occurred on Wednesday, October 31st. The shares were acquired at an average price of GBX 397 ($5.19) per share, with a total value of £1,234.67 ($1,613.32). Also, insider James Stuart Cumming acquired 5,000 shares of the firm’s stock in a transaction on Friday, November 2nd. The shares were purchased at an average cost of GBX 405 ($5.29) per share, for a total transaction of £20,250 ($26,460.21). In the last 90 days, insiders have bought 12,011 shares of company stock worth $4,620,767.
CareTech Holdings PLC and its subsidiaries provide social care and support services for children, young people, and adults in the United Kingdom. The company operates through two segments, Adult Services and Children Services. The Adult services segment provides individual tailor made solutions for people living in their own homes, residential care, or independent supported living schemes.
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