Shares of Redde Northgate plc (LON:REDD – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 350.83 ($4.27) and traded as low as GBX 347 ($4.22). Redde Northgate shares last traded at GBX 352.50 ($4.29), with a volume of 426,751 shares traded.
Analyst Ratings Changes
Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 450 ($5.48) price objective on shares of Redde Northgate in a research note on Tuesday, September 26th.
Redde Northgate Trading Up 1.6 %
Insider Transactions at Redde Northgate
In other news, insider Martin Ward sold 367,094 shares of the firm’s stock in a transaction dated Friday, August 25th. The stock was sold at an average price of GBX 331 ($4.03), for a total value of £1,215,081.14 ($1,478,560.65). In related news, insider Philip Vincent sold 224,687 shares of the firm’s stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of GBX 344 ($4.19), for a total value of £772,923.28 ($940,524.80). Also, insider Martin Ward sold 367,094 shares of Redde Northgate stock in a transaction on Friday, August 25th. The shares were sold at an average price of GBX 331 ($4.03), for a total value of £1,215,081.14 ($1,478,560.65). Company insiders own 6.78% of the company’s stock.
Redde Northgate Company Profile
Redde Northgate plc provides mobility solutions and automotive services in the United Kingdom, Spain, and Ireland. The company offers contact center support, sales, claim processing, customer service, and general insurance products; provides fleet management, rapid response, and recovery management services; and supplies and installs electric vehicle charging equipment.
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