Dowlais Group plc (LON:DWL) Insider Roberto Fioroni Purchases 167,179 Shares of Stock

Dowlais Group plc (LON:DWLGet Free Report) insider Roberto Fioroni purchased 167,179 shares of Dowlais Group stock in a transaction that occurred on Thursday, March 21st. The stock was purchased at an average price of GBX 81 ($1.03) per share, with a total value of £135,414.99 ($172,393.37).

Dowlais Group Price Performance

Shares of LON DWL opened at GBX 81.50 ($1.04) on Friday. The stock has a market capitalization of £1.13 billion and a PE ratio of -1,630.00. Dowlais Group plc has a fifty-two week low of GBX 79.98 ($1.02) and a fifty-two week high of GBX 148 ($1.88). The business has a fifty day moving average price of GBX 88.86 and a two-hundred day moving average price of GBX 99.18.

Dowlais Group Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 30th. Stockholders of record on Thursday, April 18th will be given a GBX 2.80 ($0.04) dividend. The ex-dividend date is Thursday, April 18th. This is a boost from Dowlais Group’s previous dividend of $1.40. This represents a dividend yield of 3.11%. Dowlais Group’s payout ratio is presently -6,000.00%.

Analysts Set New Price Targets

Separately, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 150 ($1.91) target price on shares of Dowlais Group in a research report on Friday. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 176.67 ($2.25).

Check Out Our Latest Research Report on Dowlais Group

Dowlais Group Company Profile

(Get Free Report)

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.

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Insider Buying and Selling by Quarter for Dowlais Group (LON:DWL)

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