Arcontech Group plc (LON:ARC) Insider Acquires £60,000 in Stock

Arcontech Group plc (LON:ARC) insider Matthew Jeffs acquired 50,000 shares of Arcontech Group stock in a transaction that occurred on Thursday, November 7th. The shares were bought at an average price of GBX 120 ($1.54) per share, for a total transaction of £60,000 ($77,210.14).

Arcontech Group Trading Up 5.5 %

Shares of LON ARC opened at GBX 124.50 ($1.60) on Thursday. Arcontech Group plc has a twelve month low of GBX 83.50 ($1.07) and a twelve month high of GBX 134.90 ($1.74). The company has a current ratio of 4.36, a quick ratio of 3.54 and a debt-to-equity ratio of 6.50. The stock has a fifty day simple moving average of GBX 116.35 and a 200-day simple moving average of GBX 104.22. The stock has a market capitalization of £16.65 million, a PE ratio of 1,584.68 and a beta of 0.46.

Arcontech Group Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, November 1st. Stockholders of record on Thursday, October 3rd were given a dividend of GBX 3.75 ($0.05) per share. This is a boost from Arcontech Group’s previous dividend of $3.50. This represents a dividend yield of 3.83%. The ex-dividend date of this dividend was Thursday, October 3rd. Arcontech Group’s dividend payout ratio is currently 5,000.00%.

Arcontech Group Company Profile

Arcontech Group plc, together with its subsidiaries, develops and sells proprietary software in the United Kingdom, rest of Europe, Africa, North America, Australia, and the Asia Pacific. Its products include Excelerator Desktop that provides a graphical user interface, which integrates various internal and external real-time data sources into a single-screen format; CityVision, a market data platform for real-time data reception, transformation, and publishing; and CityVision Multi Vendor Contribution System that offers the ability to contribute data to various destinations, including Refinitiv, Bloomberg, ICE, and Six.