discoverIE Group’s (DSCV) Hold Rating Reiterated at Shore Capital

discoverIE Group (LON:DSCV)‘s stock had its “hold” rating reissued by investment analysts at Shore Capital in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports.

discoverIE Group Trading Down 0.6 %

Shares of LON:DSCV opened at GBX 687 ($8.55) on Thursday. The business has a 50 day moving average of GBX 713.03 and a 200-day moving average of GBX 702.56. The stock has a market cap of £658.49 million, a PE ratio of 2,986.96 and a beta of 1.04. discoverIE Group has a 12-month low of GBX 586 ($7.29) and a 12-month high of GBX 958 ($11.93). The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 82.83.

Insider Activity at discoverIE Group

In related news, insider Bruce Thompson purchased 4,000 shares of discoverIE Group stock in a transaction that occurred on Tuesday, March 19th. The shares were acquired at an average price of GBX 672 ($8.37) per share, with a total value of £26,880 ($33,461.97). In other discoverIE Group news, insider Bruce Thompson purchased 4,000 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were bought at an average price of GBX 672 ($8.37) per share, for a total transaction of £26,880 ($33,461.97). Also, insider Clive Watson bought 3,693 shares of the firm’s stock in a transaction on Thursday, March 14th. The stock was acquired at an average price of GBX 670 ($8.34) per share, for a total transaction of £24,743.10 ($30,801.82). 4.16% of the stock is currently owned by corporate insiders.

discoverIE Group Company Profile

discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates in two segments, Magnetics & Controls; and Sensing & Connectivity. The company offers magnetic and power components, embedded computing and interface controls, and sensing and connectivity components for industrial applications.