Kate Ringrose Sells 9,484 Shares of RS Group plc (LON:RS1) Stock

RS Group plc (LON:RS1) insider Kate Ringrose sold 9,484 shares of the stock in a transaction on Monday, July 1st. The stock was sold at an average price of GBX 701 ($8.87), for a total transaction of £66,482.84 ($84,091.63).

Kate Ringrose also recently made the following trade(s):

• On Wednesday, May 22nd, Kate Ringrose purchased 2,421 shares of RS Group stock. The shares were purchased at an average cost of GBX 822 ($10.40) per share, for a total transaction of £19,900.62 ($25,171.54).

RS Group Price Performance

RS1 stock opened at GBX 719 ($9.09) on Thursday. The company has a debt-to-equity ratio of 47.24, a current ratio of 2.01 and a quick ratio of 1.24. The company’s 50-day moving average is GBX 745.44 and its 200-day moving average is GBX 753.79. The stock has a market capitalization of £3.41 billion, a PE ratio of 1,844.87, a price-to-earnings-growth ratio of 1.85 and a beta of 0.89. RS Group plc has a 1 year low of GBX 551.20 ($6.97) and a 1 year high of GBX 852.60 ($10.78).

RS Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 19th. Shareholders of record on Thursday, June 13th will be issued a GBX 13.70 ($0.17) dividend. The ex-dividend date is Thursday, June 13th. This represents a yield of 1.7%. This is a positive change from RS Group’s previous dividend of $8.30. RS Group’s dividend payout ratio is presently 5,641.03%.

Analyst Ratings Changes

RS1 has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 780 ($9.87) price objective on shares of RS Group in a research note on Tuesday, June 18th. Shore Capital reissued a “hold” rating on shares of RS Group in a research note on Wednesday, May 22nd. Finally, Royal Bank of Canada reduced their price objective on shares of RS Group from GBX 925 ($11.70) to GBX 900 ($11.38) and set an “outperform” rating for the company in a research report on Wednesday, May 29th.

RS Group Company Profile

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.