Wilmington (LON:WIL) Hits New 52-Week Low – Should You Sell?

Wilmington plc (LON:WIL) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 300 and last traded at GBX 305, with a volume of 28382 shares. The stock had previously closed at GBX 311.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on WIL shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 460 price target on shares of Wilmington in a report on Monday, September 22nd. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 450 target price on shares of Wilmington in a report on Monday, September 22nd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Wilmington currently has an average rating of “Buy” and a consensus target price of GBX 455.

Wilmington Stock Up 1.0%

The firm has a 50-day simple moving average of GBX 330.69 and a two-hundred day simple moving average of GBX 338.71. The company has a market cap of £266.88 million, a PE ratio of 23.52, a P/E/G ratio of 1.44 and a beta of 0.84. The company has a debt-to-equity ratio of 2.45, a current ratio of 1.70 and a quick ratio of 0.86.

Wilmington (LON:WIL) last issued its quarterly earnings results on Monday, September 22nd. The company reported GBX 23.72 EPS for the quarter. Wilmington had a net margin of 18.89% and a return on equity of 18.71%. Research analysts anticipate that Wilmington plc will post 21.5300004 earnings per share for the current fiscal year.

Insider Activity at Wilmington

In other news, insider Guy Millward sold 42,267 shares of the business’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of GBX 325, for a total transaction of £137,367.75. Also, insider Mark Milner sold 71,868 shares of Wilmington stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of GBX 325, for a total transaction of £233,571. Insiders have sold 115,660 shares of company stock valued at $37,586,450 in the last ninety days. 12.81% of the stock is currently owned by company insiders.

About Wilmington

Wilmington acts as trusted partner to customers who are operating in regulated sectors and in the governance, risk and compliance markets. We provide critical data and information to enable our customers to make the decisions needed to maintain compliance with the rules and regulations that apply to them; and we provide training and education to equip our customers with the knowledge and skills to carry out their activities in line with best practice.