Electrocomponents plc (LON:ECM) insider Lindsley Ruth sold 121,164 shares of the business’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of GBX 626 ($8.49), for a total transaction of £758,486.64 ($1,028,595.93).

Electrocomponents plc (LON:ECM) opened at GBX 628.20 ($8.52) on Friday. Electrocomponents plc has a twelve month low of GBX 464.17 ($6.29) and a twelve month high of GBX 713.05 ($9.67). The company has a market cap of $2,750.00 and a P/E ratio of 2,617.50.

The company also recently declared a dividend, which was paid on Wednesday, January 10th. Shareholders of record on Thursday, November 30th were issued a dividend of GBX 5.25 ($0.07) per share. This represents a yield of 0.8%. The ex-dividend date of this dividend was Thursday, November 30th.

A number of equities research analysts have recently issued reports on the stock. Peel Hunt downgraded shares of Electrocomponents to a “reduce” rating and set a GBX 650 ($8.81) price target on the stock. in a research note on Tuesday, October 31st. Credit Suisse Group upped their target price on shares of Electrocomponents from GBX 520 ($7.05) to GBX 575 ($7.80) and gave the stock an “underperform” rating in a research note on Tuesday, October 10th. Numis Securities reaffirmed an “add” rating and set a GBX 705 ($9.56) target price on shares of Electrocomponents in a research note on Tuesday, November 14th. Liberum Capital reaffirmed a “buy” rating and set a GBX 680 ($9.22) target price on shares of Electrocomponents in a research note on Tuesday, November 14th. Finally, Shore Capital reaffirmed a “sell” rating on shares of Electrocomponents in a research note on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 622.40 ($8.44).

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Electrocomponents Company Profile

Electrocomponents plc is a service distributor. The Company’s segments include Northern Europe, Southern Europe, Central Europe, Asia Pacific (APAC) and Emerging Markets, and North America. Its Northern Europe’s hub is the United Kingdom, with associated local markets in Denmark, Norway, Sweden and Republic of Ireland.

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