Oliver Rupert Andrew Scott Sells 11,947,139 Shares of Redcentric (LON:RCN) Stock

Redcentric plc (LON:RCN – Get Free Report) insider Oliver Rupert Andrew Scott sold 11,947,139 shares of the firm’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of GBX 160, for a total value of £19,115,422.40.

Redcentric Stock Performance

LON:RCN opened at GBX 99.48 on Wednesday. The company’s 50-day moving average is GBX 121.07 and its two-hundred day moving average is GBX 120.25. The firm has a market capitalization of £158.50 million, a price-to-earnings ratio of 66.32 and a beta of 0.20. The company has a debt-to-equity ratio of 85.17, a current ratio of 1.56 and a quick ratio of 0.34. Redcentric plc has a 1-year low of GBX 95 and a 1-year high of GBX 160.

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About Redcentric

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Redcentric plc provides IT managed services for public and private sector in the United Kingdom. It offers connectivity, software-defined wide area network (WAN), local area network (LAN), managed WAN and LAN, secure remote access, network connectivity options, secure remote and internet access, HSCN and public cloud connectivity, cellular MPLS primary and failover, WAN insight, and managed wireless networking services; and colocation, infrastructure as a service, hybrid cloud, platform as a service, digital transformation consultancy, modern workplace, managed public cloud, backup as a service, disaster recovery as a service, virtual desktops, full stack managed service, OS level managed service, e-commerce and SAP hybris, application modernisation and services experts, database administration, AI and machine learning, and cloud migration and consultancy services.

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