Trevor Carvey Purchases 15,000 Shares of Conduit Holdings Limited (LON:CRE) Stock

by · The Cerbat Gem

Conduit Holdings Limited (LON:CRE – Get Free Report) insider Trevor Carvey acquired 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was bought at an average cost of GBX 486 ($6.33) per share, for a total transaction of £72,900 ($94,897.16).

Trevor Carvey also recently made the following trade(s):

  • On Tuesday, August 13th, Trevor Carvey acquired 2,500 shares of Conduit stock. The stock was bought at an average cost of GBX 524 ($6.82) per share, for a total transaction of £13,100 ($17,052.85).

Conduit Stock Down 1.3 %

Shares of LON:CRE traded down GBX 6.38 ($0.08) during trading on Thursday, reaching GBX 473.13 ($6.16). 868,934 shares of the stock were exchanged, compared to its average volume of 375,009. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.55 and a quick ratio of 1.19. Conduit Holdings Limited has a 1-year low of GBX 436 ($5.68) and a 1-year high of GBX 549.74 ($7.16). The stock has a fifty day moving average of GBX 525.93 and a two-hundred day moving average of GBX 515.16. The firm has a market cap of £742.71 million, a price-to-earnings ratio of 474.75 and a beta of 0.52.

Wall Street Analysts Forecast Growth

CRE has been the topic of several recent analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a GBX 675 ($8.79) price target on shares of Conduit in a research note on Thursday, August 1st. Jefferies Financial Group boosted their price target on Conduit from GBX 710 ($9.24) to GBX 720 ($9.37) and gave the company a “buy” rating in a research note on Thursday, August 1st.

Check Out Our Latest Stock Report on CRE

About Conduit

(Get Free Report)

Conduit Holdings Limited, together with its subsidiaries, provides reinsurance products and services worldwide. It operates in three divisions: Property, Casualty, and Specialty. The property division offers catastrophe and non-catastrophe property reinsurance products. The Casualty division provides director's and officer's, financial institutions, general, professional, and transactional liability, as well as medical malpractice reinsurance products.

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