Conduit Holdings Limited (LON:CRE – Get Free Report) insider Trevor Carvey purchased 10,000 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was bought at an average price of GBX 384 ($4.85) per share, with a total value of £38,400 ($48,460.37).
Conduit Trading Up 0.1 %
CRE opened at GBX 384 ($4.85) on Tuesday. Conduit Holdings Limited has a twelve month low of GBX 370.25 ($4.67) and a twelve month high of GBX 549.74 ($6.94). The firm has a market cap of £772.02 million, a price-to-earnings ratio of 3.62 and a beta of 0.52. The company has a fifty day simple moving average of GBX 453.66 and a 200 day simple moving average of GBX 493.67.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 700 ($8.83) target price on shares of Conduit in a report on Wednesday, February 12th.
Conduit Company Profile
Conduit Re is a pure play global reinsurance business based in Bermuda. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited.
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