discoverIE Group (LON:DSCV) Earns Hold Rating from Shore Capital

discoverIE Group (LON:DSCV)‘s stock had its “hold” rating reiterated by investment analysts at Shore Capital in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 950 ($11.77) price target on shares of discoverIE Group in a report on Monday, December 9th.

discoverIE Group Stock Performance

Shares of DSCV stock opened at GBX 644 ($7.98) on Thursday. The company’s fifty day simple moving average is GBX 681.93 and its 200-day simple moving average is GBX 659.67. The company has a current ratio of 1.55, a quick ratio of 0.96 and a debt-to-equity ratio of 77.89. discoverIE Group has a 52 week low of GBX 561 ($6.95) and a 52 week high of GBX 816 ($10.11). The company has a market cap of £617.85 million, a PE ratio of 4,025.00 and a beta of 1.09.

discoverIE Group (LON:DSCV) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 18.40 ($0.23) EPS for the quarter. discoverIE Group had a return on equity of 5.12% and a net margin of 3.55%. As a group, equities research analysts anticipate that discoverIE Group will post 37.5 EPS for the current year.

discoverIE Group Company Profile

discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial use. The Group provides application-specific components to original equipment manufacturers (“OEMs”) internationally, with a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, transportation and industrial & connectivity.

The Group employs c.4,500 people across 20 countries.