Insider Buying: Herald (LON:HRI) Insider Buys £62,310 in Stock

Herald (LON:HRI) insider Christopher Metcalfe acquired 3,000 shares of Herald stock in a transaction dated Thursday, April 25th. The shares were acquired at an average price of GBX 2,077 ($25.65) per share, with a total value of £62,310 ($76,963.93).

Herald Stock Performance

HRI opened at GBX 2,075 ($25.63) on Friday. The business’s 50-day simple moving average is GBX 2,090.60 and its 200 day simple moving average is GBX 1,924.80. Herald has a 52-week low of GBX 1,590 ($19.64) and a 52-week high of GBX 2,160 ($26.68). The firm has a market capitalization of £1.14 billion, a PE ratio of 2,561.73 and a beta of 0.88.

About Herald

Herald Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Herald Investment Management Limited. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the technology, telecommunications, and multi-media sectors.