Insider Buying: Chapel Down Group Plc (LON:CDGP) Insider Buys 400,000 Shares of Stock

Chapel Down Group Plc (LON:CDGPGet Free Report) insider Michael Alan Spencer acquired 400,000 shares of the stock in a transaction on Tuesday, February 18th. The shares were purchased at an average price of GBX 34 ($0.43) per share, for a total transaction of £136,000 ($171,565.54).

Chapel Down Group Price Performance

LON CDGP traded up GBX 1.30 ($0.02) on Wednesday, hitting GBX 34.80 ($0.44). 464,165 shares of the stock were exchanged, compared to its average volume of 131,119. Chapel Down Group Plc has a 52-week low of GBX 32 ($0.40) and a 52-week high of GBX 82 ($1.03). The company has a market capitalization of £59.69 million, a price-to-earnings ratio of 59.39 and a beta of 1.02. The company’s 50-day moving average price is GBX 36.62 and its two-hundred day moving average price is GBX 46.05.

Chapel Down Group Company Profile

(Get Free Report)

Chapel Down is England’s leading and largest wine producer with an award-winning range of sparkling and still wines.

The largest producer in the UK
Chapel Down owns, leases and sources from 1,023 acres (414 ha) of vineyards in South East England, of which 750 acres (304 ha) are currently fully mature, making it the largest wine producer in the UK.

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