Richard McGuire Purchases 21,008 Shares of Redcentric (LON:RCN) Stock

Redcentric plc (LON:RCN) insider Richard McGuire acquired 21,008 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The stock was bought at an average price of GBX 119 per share, with a total value of £24,999.52.

Richard McGuire also recently made the following trade(s):

• On Wednesday, December 24th, Richard McGuire acquired 29,000 shares of Redcentric stock. The stock was bought at an average price of GBX 118 per share, with a total value of £34,220.

Redcentric Trading Down 1.0%

Shares of RCN opened at GBX 118 on Wednesday. Redcentric plc has a 1-year low of GBX 109.45 and a 1-year high of GBX 149. The company has a current ratio of 0.77, a quick ratio of 0.34 and a debt-to-equity ratio of 138.57. The firm’s 50-day moving average price is GBX 121.62 and its 200-day moving average price is GBX 126.38. The firm has a market capitalization of £187.94 million, a price-to-earnings ratio of 55.40 and a beta of 0.13.

Redcentric (LON:RCN) last released its quarterly earnings results on Wednesday, December 10th. The company reported GBX 1.86 earnings per share (EPS) for the quarter. Redcentric had a negative net margin of 2.11% and a negative return on equity of 6.10%. Sell-side analysts anticipate that Redcentric plc will post 8.8015647 EPS for the current year.

Redcentric Company Profile

Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.