Inchcape plc (LON:INCH) Insider Gijsbert de Zoeten Buys 20,871 Shares

Inchcape plc (LON:INCHGet Rating) insider Gijsbert de Zoeten bought 20,871 shares of the stock in a transaction that occurred on Friday, May 6th. The stock was acquired at an average price of GBX 702 ($8.77) per share, for a total transaction of £146,514.42 ($183,028.63).

Shares of INCH stock traded down GBX 2.25 ($0.03) during mid-day trading on Monday, hitting GBX 703.75 ($8.79). 658,566 shares of the stock traded hands, compared to its average volume of 738,406. Inchcape plc has a twelve month low of GBX 615 ($7.68) and a twelve month high of GBX 940.50 ($11.75). The firm has a market cap of £2.66 billion and a price-to-earnings ratio of 23.85. The company’s 50-day simple moving average is GBX 682.89 and its 200-day simple moving average is GBX 794.87. The company has a debt-to-equity ratio of 123.19, a quick ratio of 0.50 and a current ratio of 1.20.

The company also recently declared a dividend, which will be paid on Tuesday, June 21st. Stockholders of record on Thursday, May 12th will be given a dividend of GBX 16.10 ($0.20) per share. The ex-dividend date of this dividend is Thursday, May 12th. This is a boost from Inchcape’s previous dividend of $6.40. This represents a dividend yield of 1.99%. Inchcape’s dividend payout ratio (DPR) is 0.45%.

Several analysts recently commented on the company. Barclays restated an “overweight” rating and issued a GBX 910 ($11.37) target price on shares of Inchcape in a research report on Friday, February 25th. Peel Hunt restated a “buy” rating and issued a GBX 1,000 ($12.49) target price on shares of Inchcape in a research report on Friday, February 11th.

Inchcape Company Profile (Get Rating)

Inchcape plc operates as an automotive distributor and retailer. The company engages in the distribution, sales, and marketing of new and used cars, and parts. It also provides aftersales service and body shop repairs; and finance and insurance products and services. The company operates in the Asia Pacific, the United Kingdom, rest of Europe, the Americas, and Africa.

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