Melrose Industries (LON:MRO) Insider Acquires 21,434 Shares

Melrose Industries PLC (LON:MROGet Free Report) insider Ross McCluskey acquired 21,434 shares of the stock in a transaction dated Thursday, June 25th. The shares were bought at an average price of GBX 475 per share, for a total transaction of £101,811.50.

Ross McCluskey also recently made the following trade(s):

  • On Thursday, June 25th, Ross McCluskey bought 3,667 shares of Melrose Industries stock. The stock was bought at an average price of GBX 475 per share, with a total value of £17,418.25.

Melrose Industries Stock Down 1.0%

MRO opened at GBX 463.30 on Monday. The stock has a market cap of £5.77 billion, a PE ratio of 15.98, a P/E/G ratio of 0.48 and a beta of 0.86. The company has a quick ratio of 0.45, a current ratio of 0.98 and a debt-to-equity ratio of 67.32. Melrose Industries PLC has a 52 week low of GBX 443.36 and a 52 week high of GBX 685. The business’s fifty day simple moving average is GBX 486.35 and its 200 day simple moving average is GBX 547.99.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft decreased their price objective on Melrose Industries from GBX 620 to GBX 570 and set a “hold” rating on the stock in a report on Monday, March 23rd. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Melrose Industries presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 680.

View Our Latest Stock Report on MRO

About Melrose Industries

(Get Free Report)

Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers. The Structures segment provides civil and defence air frames, including lightweight composite and metallic structures; and electrical distribution systems and components to airframe original equipment manufacturers.

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Insider Buying and Selling by Quarter for Melrose Industries (LON:MRO)

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