Tony Wood Purchases 34 Shares of Meggitt PLC (MGGT.L) (LON:MGGT) Stock

Meggitt PLC (MGGT.L) (LON:MGGT) insider Tony Wood bought 34 shares of the company’s stock in a transaction that occurred on Monday, January 11th. The stock was bought at an average cost of GBX 445 ($5.81) per share, for a total transaction of £151.30 ($197.67).

Tony Wood also recently made the following trade(s):

• On Tuesday, November 10th, Tony Wood purchased 36 shares of Meggitt PLC (MGGT.L) stock. The stock was bought at an average cost of GBX 416 ($5.44) per share, with a total value of £149.76 ($195.66).

Shares of LON:MGGT opened at GBX 423 ($5.53) on Thursday. The company has a 50-day simple moving average of GBX 443.12 and a 200-day simple moving average of GBX 334.97. Meggitt PLC has a one year low of GBX 196.15 ($2.56) and a one year high of GBX 701.80 ($9.17). The company has a debt-to-equity ratio of 57.00, a quick ratio of 0.80 and a current ratio of 1.45. The stock has a market capitalization of £3.30 billion and a price-to-earnings ratio of -18.39.

Separately, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell reaffirmed a “neutral” rating and set a GBX 430 ($5.62) price objective on shares of Meggitt PLC (MGGT.L) in a report on Thursday, November 12th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 344.67 ($4.50).

Meggitt PLC (MGGT.L) Company Profile

Meggitt PLC designs and manufactures components and sub-systems in the United Kingdom, rest of Europe, the United States, and internationally. The company operates through four segments: Airframe Systems, Engine Systems, Energy & Equipment, and Services & Support. It offers ice protection products, radomes, and structures; air data and flight display products; brake control and tyre pressure monitoring systems, and wheels and brakes; engine health and vibration monitors, H2/O2 analyzers, and turbine monitoring and protection products; and aircraft cameras and security systems, and wireless aircraft systems.

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