Inchcape plc (LON:INCH) Insider Byron Elmer Grote Purchases 4,000 Shares of Stock

Inchcape plc (LON:INCH) insider Byron Elmer Grote bought 4,000 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was purchased at an average cost of GBX 730 ($9.47) per share, for a total transaction of £29,200 ($37,867.98).

Byron Elmer Grote also recently made the following trade(s):

• On Friday, October 25th, Byron Elmer Grote bought 6,000 shares of Inchcape stock. The shares were acquired at an average cost of GBX 725 ($9.40) per share, with a total value of £43,500 ($56,412.92).

Inchcape Trading Down 0.6 %

LON:INCH opened at GBX 724 ($9.39) on Thursday. The firm has a fifty day simple moving average of GBX 798.37 and a two-hundred day simple moving average of GBX 793.70. Inchcape plc has a 12 month low of GBX 597.50 ($7.75) and a 12 month high of GBX 874 ($11.33). The stock has a market capitalization of £2.92 billion, a price-to-earnings ratio of 1,080.60, a PEG ratio of 2.06 and a beta of 1.19. The company has a current ratio of 1.10, a quick ratio of 0.51 and a debt-to-equity ratio of 198.14.

Analyst Ratings Changes

Separately, Berenberg Bank restated a “buy” rating and set a GBX 1,120 ($14.52) price target on shares of Inchcape in a report on Friday, October 25th.

Inchcape Company Profile

Inchcape plc operates as an automotive distributor and retailer. It engages in the distribution, sales, and marketing of new and used cars, and parts. The company also provides aftersales service and body shop repairs; and finance and insurance products and services, as well as product planning, logistics, brand and marketing, channel management, and retail services.