discoverIE Group plc (LON:DSCV) Insider Simon Gibbins Purchases 7,822 Shares

discoverIE Group plc (LON:DSCV) insider Simon Gibbins bought 7,822 shares of the business’s stock in a transaction on Tuesday, October 15th. The stock was bought at an average cost of GBX 634 ($8.28) per share, with a total value of £49,591.48 ($64,757.74).

Simon Gibbins also recently made the following trade(s):

• On Monday, August 5th, Simon Gibbins purchased 5,005 shares of discoverIE Group stock. The shares were bought at an average price of GBX 612 ($7.99) per share, with a total value of £30,630.60 ($39,998.17).

discoverIE Group Stock Performance

Shares of DSCV stock opened at GBX 642 ($8.38) on Wednesday. The company has a quick ratio of 0.96, a current ratio of 1.55 and a debt-to-equity ratio of 77.89. The stock has a market capitalization of £615.93 million, a PE ratio of 4,012.50 and a beta of 1.09. The firm has a 50 day moving average of GBX 612.12 and a two-hundred day moving average of GBX 682.86. discoverIE Group plc has a 52 week low of GBX 561 ($7.33) and a 52 week high of GBX 816 ($10.66).

Analyst Ratings Changes

Separately, Shore Capital restated a “sell” rating on shares of discoverIE Group in a research report on Tuesday.

About discoverIE Group

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.