ME Group International plc (MEGP) To Go Ex-Dividend on November 7th

ME Group International plc (LON:MEGP) declared a dividend on Monday, July 15th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 7th will be given a dividend of GBX 3.45 ($0.04) per share on Friday, November 29th. This represents a yield of 1.9%. The ex-dividend date is Thursday, November 7th. The official announcement can be viewed at this link.

ME Group International Stock Down 0.2 %

Shares of ME Group International stock opened at GBX 182.40 ($2.37) on Wednesday. The company has a market cap of £686.66 million, a P/E ratio of 1,406.15 and a beta of 1.11. The firm’s 50 day moving average price is GBX 170.59 and its 200-day moving average price is GBX 156.93. ME Group International has a 52-week low of GBX 116.70 ($1.51) and a 52-week high of GBX 185.20 ($2.40).

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MEGP shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 200 ($2.59) price objective on shares of ME Group International in a research note on Monday. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 203 ($2.63) price target on shares of ME Group International in a research report on Tuesday.

Insider Buying and Selling at ME Group International

In related news, insider Jean-Marc Janailhac bought 27,000 shares of the company’s stock in a transaction on Thursday, May 9th. The stock was bought at an average cost of GBX 157 ($2.04) per share, for a total transaction of £42,390 ($54,973.41). 37.33% of the stock is owned by insiders.

ME Group International Company Profile

ME Group International plc operates, sells, and services a range of instant-service equipment in the United Kingdom. The company operates through Asia Pacific, Continental Europe, and United Kingdom and Ireland segments. It operates coin-operated automatic photobooths for identification and fun purposes, as well as vending equipment, including digital photo kiosks, laundry machines, business service equipment, amusement machines, and children's rides.