AssetCo plc (LON:ASTO) Insider Purchases £927,500 in Stock

AssetCo plc (LON:ASTO) insider Christopher Mills purchased 2,650,000 shares of the firm’s stock in a transaction on Thursday, July 25th. The stock was bought at an average price of GBX 35 ($0.45) per share, with a total value of £927,500 ($1,199,560.27).

AssetCo Stock Performance

LON:ASTO opened at GBX 34.75 ($0.45) on Monday. AssetCo plc has a 1-year low of GBX 30 ($0.39) and a 1-year high of GBX 50 ($0.65). The firm has a 50-day moving average of GBX 34.46 and a two-hundred day moving average of GBX 35.89. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.97 and a quick ratio of 3.56. The stock has a market cap of £49.51 million, a P/E ratio of -400.00 and a beta of 0.46.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft boosted their target price on shares of AssetCo from GBX 38 ($0.49) to GBX 40 ($0.52) and gave the stock a “hold” rating in a research report on Friday, July 5th.

AssetCo Company Profile

AssetCo plc engages in acquiring, managing, and operating asset and wealth management activities and interests. It also offers investment management and advisory services, as well as is involved in the marketing of thematic exchange traded funds. The company was incorporated in 2003 and is headquartered in London, the United Kingdom.