Insider Buying: Mears Group plc (LON:MER) Insider Buys 4,518 Shares of Stock

Mears Group plc (LON:MER) insider Lucas Critchley acquired 4,518 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were bought at an average price of GBX 362 ($4.71) per share, for a total transaction of £16,355.16 ($21,290.24).

Mears Group Price Performance

Shares of MER opened at GBX 366 ($4.76) on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.92 and a debt-to-equity ratio of 137.41. The company’s fifty day simple moving average is GBX 374.82 and its 200 day simple moving average is GBX 373.39. Mears Group plc has a 1-year low of GBX 249.82 ($3.25) and a 1-year high of GBX 398 ($5.18). The company has a market cap of £329.25 million, a price-to-earnings ratio of 880.49, a PEG ratio of 0.68 and a beta of 1.26.

Mears Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 12th were paid a dividend of GBX 4.75 ($0.06) per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a dividend yield of 1.4%. Mears Group’s dividend payout ratio is presently 3,414.63%.

Mears Group Company Profile

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.