Separately, Peel Hunt reaffirmed a buy rating and issued a GBX 230 ($2.82) price target on shares of Devro in a report on Tuesday, April 12th.
Devro Price Performance
Shares of LON DVO opened at GBX 183.60 ($2.25) on Tuesday. Devro has a 1-year low of GBX 163.46 ($2.00) and a 1-year high of GBX 240 ($2.94). The stock has a fifty day simple moving average of GBX 189.28 and a two-hundred day simple moving average of GBX 201.68. The company has a current ratio of 2.32, a quick ratio of 1.37 and a debt-to-equity ratio of 90.42. The firm has a market cap of £307.44 million and a price-to-earnings ratio of 1,020.00.
Insider Transactions at Devro
Devro plc, together with its subsidiaries, manufactures and supplies collagen casings primarily in the United Kingdom. It offers edible and non-edible collagen casings, films, and plastic casings for use in the production of a range of sausages and other meat products. The company sells its products to food manufacturers through distributors and agents.
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