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

Arcontech Group plc (LON:ARC) insider Matthew Jeffs bought 50,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were bought at an average price of GBX 120 ($1.54) per share, for a total transaction of £60,000 ($77,210.14).

Arcontech Group Stock Performance

Shares of ARC opened at GBX 118 ($1.52) on Wednesday. The business has a 50-day simple moving average of GBX 116.38 and a two-hundred day simple moving average of GBX 104.14. The company has a quick ratio of 3.54, a current ratio of 4.36 and a debt-to-equity ratio of 6.50. Arcontech Group plc has a 52 week low of GBX 83.25 ($1.07) and a 52 week high of GBX 134.90 ($1.74). The stock has a market cap of £15.78 million, a price-to-earnings ratio of 1,537.50 and a beta of 0.46.

Arcontech Group Increases Dividend

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

Arcontech Group Company Profile

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.