ITE Group plc (LON:ITE) insider Richard Last purchased 50,000 shares of the company’s stock in a transaction that occurred on Thursday, May 16th. The stock was acquired at an average cost of GBX 75 ($0.98) per share, with a total value of £37,500 ($49,000.39).

LON:ITE opened at GBX 76.30 ($1.00) on Monday. ITE Group plc has a 12-month low of GBX 55.40 ($0.72) and a 12-month high of GBX 93.10 ($1.22). The company has a debt-to-equity ratio of 44.28, a current ratio of 0.67 and a quick ratio of 0.51. The stock has a market capitalization of $563.94 million and a P/E ratio of -84.78.

The firm also recently declared a dividend, which will be paid on Thursday, August 1st. Investors of record on Thursday, June 20th will be given a GBX 0.90 ($0.01) dividend. This represents a yield of 1.22%. The ex-dividend date is Thursday, June 20th. ITE Group’s dividend payout ratio (DPR) is presently -2.22%.

Several research analysts recently issued reports on ITE shares. Peel Hunt dropped their price target on shares of ITE Group from GBX 80 ($1.05) to GBX 75 ($0.98) and set an “add” rating for the company in a research report on Thursday, January 24th. Numis Securities reissued a “buy” rating on shares of ITE Group in a research report on Wednesday, May 1st.

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About ITE Group

ITE Group plc organizes trade exhibitions and conferences worldwide. The company serves various industrial sectors, such as building and interiors; food, drink, and hospitality; oil, gas, and energy; travel and tourism; transportation and logistics; security and protection; fashion, clothing, and textiles; engineering and industrial; electronic and electrical technology; healthcare and medical; mining; beauty and cosmetics; automotive; construction and machinery; paper, print, and packaging; agriculture; aerospace; books and publishing; business services; chemicals and coatings; cleaning and hygiene; education and careers; furniture; food ingredients and technology; IT and telecoms; jewelry; leisure and work boats; lighting; plastics; real estate; sport and leisure; and woodworking and forestry.

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