Alumasc Group (LON:ALU) Sets New 52-Week Low at $56.54

Alumasc Group plc (LON:ALU)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 56.54 ($0.74) and last traded at GBX 60 ($0.79), with a volume of 28280 shares changing hands. The stock had previously closed at GBX 61.50 ($0.81).

A number of equities research analysts have commented on the company. FinnCap reissued a “corporate” rating and issued a GBX 150 ($1.97) price objective (up previously from GBX 122 ($1.60)) on shares of Alumasc Group in a research note on Tuesday, February 4th. Peel Hunt raised Alumasc Group to a “buy” rating and lifted their target price for the company from GBX 120 ($1.58) to GBX 140 ($1.84) in a research report on Tuesday, February 4th.

The company has a market cap of $21.83 million and a PE ratio of 9.09. The company has a quick ratio of 1.18, a current ratio of 1.83 and a debt-to-equity ratio of 65.02. The company has a 50-day moving average of GBX 105.93 and a 200-day moving average of GBX 95.28.

The business also recently announced a dividend, which will be paid on Tuesday, April 7th. Investors of record on Thursday, March 5th will be given a dividend of GBX 2.95 ($0.04) per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a dividend yield of 2.62%. Alumasc Group’s payout ratio is 1.06%.

In related news, insider Michael Leaf bought 16,375 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The shares were bought at an average price of GBX 66 ($0.87) per share, with a total value of £10,807.50 ($14,216.65).

About Alumasc Group (LON:ALU)

The Alumasc Group plc, together with its subsidiaries, manufactures and sells building products, systems, and solutions in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally. The company offers solar shading and architectural screening products; balcony and balustrading systems; premium waterproofing solutions for flat roofs, including green roofs, blu-roofs, and roofing support services; exterior wall insulation and facades systems; integrated rain to drain solutions; and water management solutions to manage and attenuate water originating inside or outside of the buildings.

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