Senior plc (LON:SNR) Insider Acquires £158,000 in Stock

Senior plc (LON:SNR) insider Ian King acquired 100,000 shares of Senior stock in a transaction on Friday, August 9th. The stock was purchased at an average price of GBX 158 ($2.02) per share, with a total value of £158,000 ($201,916.93).

Senior Stock Up 2.5 %

Shares of SNR opened at GBX 162.20 ($2.07) on Monday. The company has a quick ratio of 0.84, a current ratio of 1.71 and a debt-to-equity ratio of 55.00. The company has a 50-day moving average price of GBX 161.21 and a two-hundred day moving average price of GBX 164.38. The stock has a market cap of £669.33 million, a price-to-earnings ratio of 2,317.14, a P/E/G ratio of 0.11 and a beta of 1.40. Senior plc has a 12 month low of GBX 141.40 ($1.81) and a 12 month high of GBX 183 ($2.34).

Senior Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 17th will be given a dividend of GBX 0.75 ($0.01) per share. The ex-dividend date is Thursday, October 17th. This represents a dividend yield of 0.48%. Senior’s dividend payout ratio (DPR) is presently 2,857.14%.

Analyst Ratings Changes

A number of brokerages recently commented on SNR. Jefferies Financial Group restated a “buy” rating and issued a GBX 215 ($2.75) target price on shares of Senior in a research note on Wednesday, June 12th. Barclays restated an “equal weight” rating and issued a GBX 168 ($2.15) price objective on shares of Senior in a research note on Wednesday, May 1st.

About Senior

Senior plc designs, manufactures, and sells high-technology components and systems for the principal original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in the United States, the United Kingdom, and internationally. It operates in two segments, Aerospace and Flexonics.