Computacenter plc (LON:CCC) Insider Pauline Campbell Buys 8,900 Shares

Computacenter plc (LON:CCC) insider Pauline Campbell acquired 8,900 shares of the stock in a transaction that occurred on Tuesday, September 17th. The shares were acquired at an average cost of GBX 2,470 ($32.63) per share, with a total value of £219,830 ($290,396.30).

Computacenter Trading Up 2.6 %

Computacenter stock opened at GBX 2,532 ($33.45) on Friday. The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.40. The firm has a 50-day moving average price of GBX 2,654.75 and a two-hundred day moving average price of GBX 2,726.22. The firm has a market capitalization of £2.78 billion, a price-to-earnings ratio of 1,690.67, a PEG ratio of 6.99 and a beta of 0.71. Computacenter plc has a 52-week low of GBX 2,354.83 ($31.11) and a 52-week high of GBX 3,004 ($39.68).

Computacenter Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, October 25th. Stockholders of record on Thursday, September 26th will be paid a GBX 23.30 ($0.31) dividend. This represents a dividend yield of 0.9%. The ex-dividend date is Thursday, September 26th. Computacenter’s dividend payout ratio is currently 4,733.33%.

Analyst Upgrades and Downgrades

CCC has been the subject of a number of analyst reports. JPMorgan Chase & Co. reduced their target price on shares of Computacenter from GBX 3,300 ($43.59) to GBX 3,050 ($40.29) and set an “overweight” rating for the company in a research note on Monday, July 29th. Jefferies Financial Group reduced their target price on shares of Computacenter from GBX 3,900 ($51.52) to GBX 3,800 ($50.20) and set a “buy” rating for the company in a research note on Monday, July 29th.

About Computacenter

Computacenter plc provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally. The company provides workplace solutions, including device as a service, collaboration management, endpoint management, and intelligent support experience; cloud services, application and Al platforms, custom applications, and business automation; infrastructure service, data center and edge platforms, relocation and migration, and operational resilience; and networking solutions and services.