RS Group plc (LON:RS1) Insider Kate Ringrose Acquires 2,421 Shares of Stock

RS Group plc (LON:RS1) insider Kate Ringrose purchased 2,421 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were purchased at an average price of GBX 822 ($10.45) per share, with a total value of £19,900.62 ($25,293.11).

RS Group Stock Performance

LON RS1 opened at GBX 760 ($9.66) on Friday. The stock’s fifty day moving average is GBX 745.62 and its two-hundred day moving average is GBX 761.96. The firm has a market capitalization of £3.60 billion, a P/E ratio of 1,948.72, a price-to-earnings-growth ratio of 1.85 and a beta of 0.89. The company has a debt-to-equity ratio of 47.24, a quick ratio of 1.24 and a current ratio of 2.01. RS Group plc has a fifty-two week low of GBX 551.20 ($7.01) and a fifty-two week high of GBX 852.60 ($10.84).

RS Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, July 19th. Shareholders of record on Thursday, June 13th will be paid a dividend of GBX 13.70 ($0.17) per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a yield of 1.7%. This is a positive change from RS Group’s previous dividend of $8.30. RS Group’s payout ratio is 5,641.03%.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Shore Capital reiterated a “hold” rating on shares of RS Group in a research report on Wednesday. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 925 ($11.76) price target on shares of RS Group in a research report on Wednesday, April 3rd.

RS Group Company Profile

RS Group plc, together with its subsidiaries, distributes various electronics and industrial products and solutions in the United Kingdom, the United States, France, Germany, Italy, Mexico, and internationally. The company provides industrial interconnect and test, industrial automation and control, board-level electronics, and single-board computing products; and tools, consumables, and facilities maintenance products, such as personal protective equipment, site safety products, and 3D printing products.