Castings (LON:CGS – Get Free Report) announced its earnings results on Wednesday. The company reported GBX 17.36 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of £173.23 million during the quarter. Castings had a net margin of 2.75% and a return on equity of 3.83%.
Castings Price Performance
Shares of CGS stock opened at GBX 328 on Wednesday. Castings has a fifty-two week low of GBX 202.28 and a fifty-two week high of GBX 333. The firm has a market capitalization of £142.60 million, a price-to-earnings ratio of 29.71 and a beta of 0.43. The company has a debt-to-equity ratio of 1.71, a quick ratio of 2.76 and a current ratio of 2.77. The stock’s 50-day simple moving average is GBX 270.22 and its 200-day simple moving average is GBX 266.32.
Insider Buying and Selling at Castings
In other Castings news, insider Adam Vicary purchased 5,000 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were acquired at an average price of GBX 220 per share, for a total transaction of £11,000. Insiders own 1.05% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Analysis on CGS
About Castings
Castings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, and Ni-resist castings. It also provides fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering heat treatment services; automotive standard e-coat and powder coating, galvanising, plating, gas based surface treatment, and plastic and metal spray coating services; and assembly and insulation services.
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