Andrew C. M. Smith Acquires 12,010 Shares of Mears Group plc (LON:MER) Stock

Mears Group plc (LON:MER) insider Andrew C. M. Smith bought 12,010 shares of the business’s stock in a transaction dated Friday, August 9th. The stock was acquired at an average cost of GBX 357 ($4.56) per share, for a total transaction of £42,875.70 ($54,744.25).

Mears Group Stock Performance

Shares of Mears Group stock opened at GBX 361 ($4.61) on Wednesday. The company has a debt-to-equity ratio of 145.24, a current ratio of 0.96 and a quick ratio of 0.92. The stock has a market capitalization of £346.85 million, a price-to-earnings ratio of 1,128.13, a PEG ratio of 0.68 and a beta of 1.18. The firm’s fifty day simple moving average is GBX 369.47 and its 200-day simple moving average is GBX 365.05. Mears Group plc has a 12 month low of GBX 249.82 ($3.19) and a 12 month high of GBX 398 ($5.08).

Mears Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Thursday, September 12th will be paid a GBX 4.75 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a yield of 1.4%. Mears Group’s dividend payout ratio is currently 4,062.50%.

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.