Carclo (CAR) Given Buy Rating at Peel Hunt

Peel Hunt reissued their buy rating on shares of Carclo (LON:CAR) in a research note released on Friday morning.

Shares of LON:CAR traded down GBX 4.60 ($0.06) on Friday, reaching GBX 81.40 ($1.06). The company had a trading volume of 431,682 shares, compared to its average volume of 187,556. Carclo has a 52-week low of GBX 62.40 ($0.82) and a 52-week high of GBX 180 ($2.35).

In related news, insider Chris Malley sold 30,092 shares of the business’s stock in a transaction on Monday, July 30th. The stock was sold at an average price of GBX 118 ($1.54), for a total transaction of £35,508.56 ($46,398.22). Also, insider Sarah Matthews-DeMers bought 20,450 shares of the company’s stock in a transaction that occurred on Friday, August 10th. The shares were acquired at an average price of GBX 96 ($1.25) per share, for a total transaction of £19,632 ($25,652.69).

About Carclo

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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