Hunting PLC (LON:HTG) Insider Arthur James Johnson Sells 470,771 Shares

Hunting PLC (LON:HTG) insider Arthur James Johnson sold 470,771 shares of Hunting stock in a transaction dated Monday, March 10th. The stock was sold at an average price of GBX 295 ($3.82), for a total value of £1,388,774.45 ($1,798,930.63).

Hunting Trading Down 1.7 %

LON HTG opened at GBX 284.50 ($3.69) on Friday. The firm has a market cap of £583.36 million, a PE ratio of 4.74, a price-to-earnings-growth ratio of 1.06 and a beta of 1.07. Hunting PLC has a 1-year low of GBX 277 ($3.59) and a 1-year high of GBX 465.37 ($6.03). The stock has a 50-day moving average of GBX 327.27 and a 200-day moving average of GBX 338.56. The company has a current ratio of 2.69, a quick ratio of 2.08 and a debt-to-equity ratio of 11.64.

Analyst Ratings Changes

HTG has been the topic of a number of research reports. Canaccord Genuity Group reissued a “buy” rating and set a GBX 600 ($7.77) price objective on shares of Hunting in a report on Thursday, March 6th. Berenberg Bank increased their price target on shares of Hunting from GBX 480 ($6.22) to GBX 490 ($6.35) and gave the company a “buy” rating in a research report on Thursday, March 6th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 520 ($6.74).

About Hunting

Located in 11 countries across four continents, we manufacture components, technology systems and precision parts globally.

Our strong focus on quality assured products, supported by rigorous health and safety procedures, ensures we assist in the delivery of energy safely and it is also the basis of our standing in this critical, global industry.

Our intellectual property portfolio enables the Hunting Group to maintain a leading technology edge, so that energy projects are delivered quicker and at lower cost with minimal impact on the environment.

Our people are our most important asset.