Conduit Holdings Limited (LON:CRE – Get Free Report) insider Trevor Carvey purchased 10,000 shares of Conduit stock in a transaction on Friday, February 21st. The stock was bought at an average price of GBX 384 ($4.86) per share, with a total value of £38,400 ($48,595.29).
Conduit Price Performance
Shares of CRE stock opened at GBX 387 ($4.90) on Monday. Conduit Holdings Limited has a one year low of GBX 370.25 ($4.69) and a one year high of GBX 549.74 ($6.96). The company’s fifty day moving average price is GBX 455.79 and its 200-day moving average price is GBX 494.53. The company has a market capitalization of £778.06 million, a price-to-earnings ratio of 3.65 and a beta of 0.52.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 700 ($8.86) price objective on shares of Conduit in a research report on Wednesday, February 12th.
About Conduit
Conduit Re is a pure play global reinsurance business based in Bermuda. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited.
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