Hunting PLC (LON:HTG – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 294.17 ($3.72) and traded as high as GBX 335 ($4.23). Hunting shares last traded at GBX 334 ($4.22), with a volume of 415,468 shares trading hands.
Analyst Ratings Changes
Several analysts recently issued reports on the company. Canaccord Genuity Group raised their price target on Hunting from GBX 400 ($5.05) to GBX 450 ($5.69) and gave the stock a “buy” rating in a report on Friday, March 1st. Berenberg Bank raised their target price on Hunting from GBX 345 ($4.36) to GBX 365 ($4.61) and gave the company a “buy” rating in a research note on Wednesday, January 10th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 397 ($5.02).
Check Out Our Latest Report on Hunting
Hunting Price Performance
Hunting Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 10th. Stockholders of record on Thursday, April 11th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Thursday, April 11th. This represents a dividend yield of 1.18%. Hunting’s payout ratio is 1,454.55%.
Insiders Place Their Bets
In other Hunting news, insider Bruce Ferguson sold 28,960 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of GBX 303 ($3.83), for a total value of £87,748.80 ($110,891.95). 7.40% of the stock is owned by insiders.
Hunting Company Profile
Hunting PLC, together with its subsidiaries, manufactures components, technology systems, and precision parts worldwide. It operates in five segments: Hunting Titan; North America; Subsea Technologies; EMEA; and Asia Pacific. The company designs and manufactures perforating systems, energetics, instrumentation, and associated hardware; connection technology and OCTG; subsea technologies; supplies highly engineered tubular components, hollow rotating shafts, very accurate deep hole drilling, plus complex turned, and milled profiles; well intervention equipment; and well test and process systems.
Featured Stories
- Five stocks we like better than Hunting
- The How And Why of Investing in Oil Stocks
- Best Bear Market Funds: Top 3 Investment Options to Consider
- Investing in large cap stocks: Diving into big caps
- Is DraftKings A Good Bet Ahead of Q1 Earnings?
- Investing in Commodities: What Are They? How to Invest in Them
- Mid-Cap Stocks to Outperform the Market This Cycle
Receive News & Ratings for Hunting Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hunting and related companies with MarketBeat.com's FREE daily email newsletter.