Insider Buying: Rotork (LON:ROR) Insider Purchases £152.83 in Stock

Rotork plc (LON:ROR) insider Kiet Huynh acquired 31 shares of the business’s stock in a transaction that occurred on Tuesday, November 10th. The stock was purchased at an average cost of GBX 493 per share, with a total value of £152.83.

Kiet Huynh also recently made the following trade(s):

• On Monday, October 12th, Kiet Huynh acquired 30 shares of Rotork stock. The stock was acquired at an average cost of GBX 491 per share, for a total transaction of £147.30.
• On Thursday, September 10th, Kiet Huynh bought 5 shares of Rotork stock. The stock was bought at an average cost of GBX 3,100 per share, for a total transaction of £155.

Rotork Price Performance

Shares of ROR stock remained flat at GBX 493.20 during trading hours on Wednesday. The stock had a trading volume of 16,259,177 shares, compared to its average volume of 13,975,403. The stock’s 50-day moving average price is GBX 489.10 and its 200-day moving average price is GBX 393.67. The company has a debt-to-equity ratio of 8.01, a quick ratio of 2.16 and a current ratio of 2.54. The stock has a market cap of £4.02 billion, a P/E ratio of 33.32, a P/E/G ratio of 2.48 and a beta of 1.06. Rotork plc has a 12-month low of GBX 286.40 and a 12-month high of GBX 495.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada cut shares of Rotork to a “sector perform” rating and raised their target price for the company from GBX 400 to GBX 503 in a research note on Wednesday, August 5th. Peel Hunt reiterated a “hold” rating and set a GBX 503 price target on shares of Rotork in a report on Tuesday, August 4th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 433.50.

Rotork Company Profile

Rotork is a market-leading global provider of mission-critical intelligent flow control solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. We help customers around the world to improve efficiency, reduce emissions, minimise their environmental impact and assure safety. Rotork employs about 3,200 people, has manufacturing facilities in more than 17 locations and serves 170 countries through a global service network. Its shares have a premium listing on the London Stock Exchange (symbol: ROR) and are a constituent of the FTSE 250 index.