Arcontech Group plc (LON:ARC) Insider Matthew Jeffs Purchases 50,000 Shares of Stock

Arcontech Group plc (LON:ARC) insider Matthew Jeffs acquired 50,000 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was purchased at an average cost of GBX 120 ($1.54) per share, with a total value of £60,000 ($77,210.14).

Arcontech Group Stock Up 7.9 %

ARC opened at GBX 123 ($1.58) on Tuesday. The stock has a market capitalization of £16.45 million, a price-to-earnings ratio of 1,527.06 and a beta of 0.46. The company has a fifty day moving average of GBX 116.08 and a two-hundred day moving average of GBX 104.03. The company has a debt-to-equity ratio of 6.50, a quick ratio of 3.54 and a current ratio of 4.36. Arcontech Group plc has a fifty-two week low of GBX 83.25 ($1.07) and a fifty-two week high of GBX 134.90 ($1.74).

Arcontech Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 1st. Stockholders of record on Thursday, October 3rd were paid a dividend of GBX 3.75 ($0.05) per share. The ex-dividend date was Thursday, October 3rd. This represents a dividend yield of 3.83%. This is a boost from Arcontech Group’s previous dividend of $3.50. Arcontech Group’s payout ratio is currently 5,000.00%.

About Arcontech Group

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.