Devro plc (LON:DVO) Insider Malcolm Swift Purchases 6,258 Shares

Devro plc (LON:DVO) insider Malcolm Swift bought 6,258 shares of Devro stock in a transaction on Wednesday, October 23rd. The stock was acquired at an average cost of GBX 159 ($2.08) per share, for a total transaction of £9,950.22 ($13,001.72).

LON DVO opened at GBX 159.80 ($2.09) on Thursday. The company has a quick ratio of 1.50, a current ratio of 2.90 and a debt-to-equity ratio of 112.94. Devro plc has a twelve month low of GBX 150.80 ($1.97) and a twelve month high of GBX 222 ($2.90). The company has a market cap of $263.11 million and a price-to-earnings ratio of 17.56. The business’s fifty day moving average is GBX 183.47 and its 200 day moving average is GBX 197.47.

The company also recently disclosed a dividend, which was paid on Friday, October 4th. Investors of record on Thursday, August 22nd were issued a dividend of GBX 2.70 ($0.04) per share. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend was Thursday, August 22nd. Devro’s dividend payout ratio (DPR) is 0.99%.

Several equities research analysts recently weighed in on the company. Peel Hunt reissued a “hold” rating on shares of Devro in a report on Friday, September 13th. Shore Capital reissued a “buy” rating on shares of Devro in a report on Tuesday.

Devro Company Profile

Devro plc, together with its subsidiaries, manufactures and supplies collagen casings in the Americas, Europe, and the Asia-Pacific. It offers edible and non-edible collagen casings, tubular films, and plastic casings for use in the production of a range of sausages and other meat products. The company sells its products to food manufacturers through agents and distributors.

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