Merit Group plc (LON:MRIT – Get Free Report) insider Phil Machray acquired 27,766 shares of the company’s stock in a transaction dated Thursday, September 21st. The stock was acquired at an average price of GBX 54 ($0.67) per share, for a total transaction of £14,993.64 ($18,572.58).
Merit Group Trading Up 5.2 %
Shares of MRIT opened at GBX 51 ($0.63) on Friday. Merit Group plc has a 12-month low of GBX 25 ($0.31) and a 12-month high of GBX 54 ($0.67). The company has a quick ratio of 0.48, a current ratio of 0.71 and a debt-to-equity ratio of 20.77. The firm has a market capitalization of £12.22 million, a price-to-earnings ratio of -318.75 and a beta of 0.16. The stock’s 50-day moving average price is GBX 43.92 and its 200 day moving average price is GBX 39.78.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 116 ($1.44) price objective on shares of Merit Group in a research note on Wednesday, September 6th.
About Merit Group
Merit Group plc develops machine learning tools in the United Kingdom. The company operates through Dods and Merit Data & Technology segments. It offers an online service that provides access to political representatives and public affairs professionals; political intelligence to understand and react to political and policy issues; polling services to engage with civil service, NHS, and local government audiences; and MP polling service to ask politicians the questions.
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