Liam Butterworth Purchases 86,532 Shares of Dowlais Group plc (LON:DWL) Stock

Dowlais Group plc (LON:DWL) insider Liam Butterworth bought 86,532 shares of Dowlais Group stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost of GBX 67 ($0.86) per share, with a total value of £57,976.44 ($74,644.57).

Dowlais Group Price Performance

Dowlais Group stock opened at GBX 66.10 ($0.85) on Tuesday. The stock has a market cap of £893.87 million and a P/E ratio of -1.74. Dowlais Group plc has a 1 year low of GBX 47.32 ($0.61) and a 1 year high of GBX 94.68 ($1.22). The firm’s 50 day moving average price is GBX 68.72 and its 200-day moving average price is GBX 61.92.

Dowlais Group (LON:DWL) last posted its earnings results on Wednesday, March 5th. The company reported GBX 11.40 ($0.15) earnings per share for the quarter. Dowlais Group had a negative net margin of 11.24% and a negative return on equity of 21.02%. As a group, equities analysts expect that Dowlais Group plc will post 13.5660848 EPS for the current year.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “hold” rating and set a GBX 62 ($0.80) price objective on shares of Dowlais Group in a report on Monday, November 25th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 94 ($1.21).

About Dowlais Group

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.