Shares of Conduit Holdings Limited (LON:CRE – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 448 and last traded at GBX 448, with a volume of 1210768 shares changing hands. The stock had previously closed at GBX 432.
Conduit Stock Up 2.5%
The company has a current ratio of 443.50, a quick ratio of 1.19 and a debt-to-equity ratio of 0.07. The firm has a 50 day moving average price of GBX 401.64 and a 200-day moving average price of GBX 361.63. The firm has a market cap of £676.21 million, a price-to-earnings ratio of 5.99 and a beta of 0.61.
Insider Transactions at Conduit
In other Conduit news, insider Ken Randall sold 55,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of GBX 427, for a total value of £234,850. Insiders own 1.64% of the company’s stock.
Conduit Company Profile
Conduit Re is a Bermuda-based multi-line reinsurance business with global reach. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited. The outlook assigned to these ratings is positive.
Conduit Holdings Limited is the ultimate parent of Conduit Re and is listed on the London Stock Exchange
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