Insider Selling: Carclo plc (LON:CAR) Insider Sells £138,474 in Stock

Carclo plc (LON:CAR) insider Chris Malley sold 88,200 shares of the company’s stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of GBX 157 ($2.05), for a total value of £138,474 ($180,822.67).

Carclo plc (LON:CAR) opened at 163.00 on Tuesday. The firm’s market capitalization is GBX 119.00 million. Carclo plc has a one year low of GBX 106.75 and a one year high of GBX 180.00. The stock’s 50 day moving average price is GBX 153.81 and its 200-day moving average price is GBX 140.59.

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A number of equities research analysts have issued reports on CAR shares. Peel Hunt upped their target price on Carclo plc from GBX 190 ($2.48) to GBX 200 ($2.61) and gave the stock a “buy” rating in a research report on Tuesday, June 6th. N+1 Singer reaffirmed a “buy” rating and set a GBX 161 ($2.10) target price on shares of Carclo plc in a research report on Tuesday, April 11th. Finally, FinnCap upped their price target on Carclo plc from GBX 138 ($1.80) to GBX 165 ($2.15) and gave the stock a “buy” rating in a report on Tuesday, June 6th.

About Carclo plc

Carclo plc is engaged in the supply of fine tolerance, injection molded plastic components, mainly for medical products. The Company is also engaged in the design and supply of specialized injection molded light-emitting diode (LED)-based lighting systems to the automotive industry. The Company operates through four segments: Technical Plastics, LED Technologies, Aerospace and CIT Technology.

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