Neil David Eckert Buys 980 Shares of Conduit Holdings Limited (LON:CRE) Stock

Conduit Holdings Limited (LON:CRE) insider Neil David Eckert acquired 980 shares of the business’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were acquired at an average cost of GBX 539 ($6.85) per share, with a total value of £5,282.20 ($6,713.52).

Neil David Eckert also recently made the following trade(s):

• On Friday, April 5th, Neil David Eckert bought 1,234 shares of Conduit stock. The shares were purchased at an average price of GBX 497 ($6.32) per share, with a total value of £6,132.98 ($7,794.84).

Conduit Stock Performance

Shares of Conduit stock opened at GBX 535 ($6.80) on Friday. The business has a 50-day moving average of GBX 499.09 and a 200 day moving average of GBX 483.48. Conduit Holdings Limited has a 12 month low of GBX 428.32 ($5.44) and a 12 month high of GBX 548.60 ($6.97). The stock has a market capitalization of £839.84 million, a price-to-earnings ratio of 569.15 and a beta of 0.49. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.59 and a quick ratio of 1.19.

Analyst Ratings Changes

Separately, Berenberg Bank raised their target price on Conduit from GBX 695 ($8.83) to GBX 700 ($8.90) and gave the company a “buy” rating in a report on Wednesday, May 15th.

Conduit Company Profile

Conduit Holdings Limited, together with its subsidiaries, provides reinsurance products and services worldwide. It operates in three divisions: Property, Casualty, and Specialty. The property division offers catastrophe and non-catastrophe property reinsurance products. The Casualty division provides director's and officer's, financial institutions, general, professional, and transactional liability, as well as medical malpractice reinsurance products.