Computacenter plc (LON:CCC – Get Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 2,268 ($29.41) and last traded at GBX 2,312 ($29.98), with a volume of 782003 shares. The stock had previously closed at GBX 2,331.23 ($30.23).
Analysts Set New Price Targets
Several research firms have recently commented on CCC. JPMorgan Chase & Co. lowered their price target on shares of Computacenter from GBX 3,300 ($42.80) to GBX 3,050 ($39.55) and set an “overweight” rating for the company in a research report on Monday, July 29th. Jefferies Financial Group lowered their price target on shares of Computacenter from GBX 3,900 ($50.58) to GBX 3,800 ($49.28) and set a “buy” rating for the company in a research report on Monday, July 29th.
Check Out Our Latest Report on Computacenter
Computacenter Stock Down 1.8 %
Computacenter Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, September 26th were given a GBX 23.30 ($0.30) dividend. The ex-dividend date was Thursday, September 26th. This represents a yield of 0.9%. Computacenter’s dividend payout ratio is presently 4,733.33%.
Insider Activity at Computacenter
In other Computacenter news, insider Peter James Ogden sold 562,284 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 2,312 ($29.98), for a total value of £13,000,006.08 ($16,859,040.44). In other Computacenter news, insider Peter James Ogden sold 562,284 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 2,312 ($29.98), for a total value of £13,000,006.08 ($16,859,040.44). Also, insider Pauline Campbell purchased 8,900 shares of the business’s stock in a transaction on Tuesday, September 17th. The stock was acquired at an average cost of GBX 2,470 ($32.03) per share, with a total value of £219,830 ($285,086.24). 36.41% of the stock is currently owned by insiders.
About Computacenter
Computacenter plc provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally. The company provides workplace solutions, including device as a service, collaboration management, endpoint management, and intelligent support experience; cloud services, application and Al platforms, custom applications, and business automation; infrastructure service, data center and edge platforms, relocation and migration, and operational resilience; and networking solutions and services.
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