Craneware plc (LON:CRW) Insider Keith Neilson Sells 423,750 Shares

Craneware plc (LON:CRW) insider Keith Neilson sold 423,750 shares of Craneware stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of GBX 2,200 ($28.77), for a total value of £9,322,500 ($12,191,055.32).

Craneware Trading Down 2.2 %

Shares of CRW stock opened at GBX 2,270 ($29.68) on Thursday. Craneware plc has a fifty-two week low of GBX 1,340.71 ($17.53) and a fifty-two week high of GBX 2,509.20 ($32.81). The company has a debt-to-equity ratio of 12.22, a quick ratio of 1.00 and a current ratio of 0.63. The stock has a 50 day simple moving average of GBX 2,317.58 and a two-hundred day simple moving average of GBX 2,268.59. The company has a market cap of £801.76 million, a P/E ratio of 9,080.00 and a beta of 0.28.

Craneware Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Thursday, November 28th will be issued a GBX 16 ($0.21) dividend. This represents a yield of 0.77%. This is a boost from Craneware’s previous dividend of $13.00. The ex-dividend date is Thursday, November 28th. Craneware’s dividend payout ratio (DPR) is presently 11,600.00%.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,700 ($35.31) price objective on shares of Craneware in a research note on Tuesday, September 3rd.

About Craneware

Craneware plc, together with its subsidiaries, develops, licenses, and supports computer software for the healthcare industry in the United States. The company provides solutions, such as Trisus pricing transparency software; Trisus Pricing Analyzer, a solution that simplifies and automates the price modeling process; Trisus Chargemaster, an automated chargemaster management solution; InSight Medical Necessity, a solution that offers medical necessity for the United States payors; Trisus Claims Informatics, a retrospective charge capture analytical application that identifies areas of risk for its team to investigate; Trisus Supply, a solution that improves supplies reimbursement; and InSight Audit, an audit management solution for government and commercial payors.