Wilmington (LON:WIL) Reaches New 52-Week Low – Here’s What Happened

Wilmington plc (LON:WIL)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 275 and last traded at GBX 276, with a volume of 312800 shares. The stock had previously closed at GBX 275.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on WIL. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Wilmington from GBX 435 to GBX 465 and gave the company a “buy” rating in a report on Friday, November 28th. Canaccord Genuity Group raised their target price on Wilmington from GBX 450 to GBX 475 and gave the stock a “buy” rating in a report on Monday, December 8th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Wilmington has an average rating of “Buy” and a consensus price target of GBX 466.67.

Wilmington Stock Up 0.4%

The business has a fifty day moving average of GBX 294.98 and a 200 day moving average of GBX 318.17. The company has a debt-to-equity ratio of 2.45, a current ratio of 1.70 and a quick ratio of 0.86. The stock has a market capitalization of £247.17 million, a price-to-earnings ratio of 21.78, a PEG ratio of 1.44 and a beta of 0.84.

Insiders Place Their Bets

In other news, insider Mark Milner purchased 8,315 shares of the stock in a transaction dated Friday, November 28th. The stock was acquired at an average cost of GBX 298 per share, for a total transaction of £24,778.70. Company insiders own 12.83% of the company’s stock.

Wilmington Company Profile

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.